Technology

Taiwan Supports High-Tech Suppliers in Expanding to Germany and Japan

Taiwan will actively support its high-tech suppliers in establishing themselves at the new sites of semiconductor giant TSMC in Germany and Japan.

Eulerpool News Sep 3, 2024, 6:41 PM

Taiwan plans to specifically support its high-tech suppliers in setting up at the new production sites of semiconductor giant Taiwan Semiconductor Manufacturing Company (TSMC) in Germany and Japan.

TSMC, the world's largest contract manufacturer of semiconductors, is currently building a new factory in Dresden, where chips for the automotive industry are to be produced starting in 2027. This first plant of the company in Europe is expected to create around 2,000 jobs. In addition to TSMC, the investment also involves Dresden-based companies Bosch, Infineon, and NXP Semiconductor.

Besides Germany, Japan should also benefit from Taiwan's support. According to Minister Kuo, his agency has the "highest priority" to establish a service company in the southwestern Japanese prefecture of Kyushu to facilitate the local production setup for suppliers in the TSMC supply chain. A similar model is to be implemented in Germany as well. In Japan, TSMC already produces and plans to further expand its capacities there.

Clark Tseng from the industry association Semi Taiwan emphasized that 20 to 30 suppliers from various sectors are expected to settle in Kyushu. He explained that the situation in Germany will be similar. These statements were made in advance of Semicon Taiwan, one of the world's largest trade shows for the semiconductor and AI industry, which takes place in early September and expects tens of thousands of visitors and exhibitors from 56 countries.

Taiwan's Strategic Support for Its Suppliers Aims to Further Strengthen the Country's International Competitiveness and Consolidate Global Production Chains in the Fields of Artificial Intelligence and Semiconductor Technology.

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