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Chip manufacturer: Politics and industry woo TSMC

The German government, the EU Commission and the automotive industry want to persuade the Taiwanese company to build its first semiconductor factory in Europe. This is about jobs, but above all about greater supply security for the companies.

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(220906) -- GUANGZHOU, Sept. 6, 2022 -- Aerial photo taken on July 28, 2022 shows a view of BASF Zhanjiang Verbund site

BASF's billion-euro project harbors risks

Despite zero-Covid and geopolitical tensions, BASF opens its new plant in China. The chemical giant will invest a total of around €10 billion. It is the largest investment by a German company in the People's Republic.

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Promoting a TSMC site in the EU

Industry and politics would be ecstatic if this were to happen: There is talk of a potential plant of Taiwanese chip giant TSMC in the EU. A possible site in Germany also seems possible, which would especially please the automotive industry. Companies are longing for greater stability of supplies.

Von Redaktion Table