TSMC Plans European Joint Venture to Construct German Fab

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TSMC Plans European Joint Venture to Construct German Fab
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Taiwan Semiconductor Manufacturing Co. Ltd. is partnering with Robert Bosch GmbH, Infineon Technologies AG, and NXP Semiconductors N.V. to invest in semiconductor manufacturing in Europe.

Taiwan Semiconductor Manufacturing Co. Ltd. TSM is creating a joint venture with Robert Bosch GmbH, Infineon Technologies AG XE:IFX and NXP Semiconductors N.V.

will own 70% of the joint venture, while the other three players will each own 10%. The companies expect total investments to top €10 billion, including equity injections, debt borrowing and support from... Taiwan Semiconductor Manufacturing Co. Ltd. TSM is creating a joint venture with Robert Bosch GmbH, Infineon Technologies AG IFX and NXP Semiconductors N.V.

will own 70% of the joint venture, while the other three players will each own 10%. The companies expect total investments to top €10 billion, including equity injections, debt borrowing and support from the EU and the German government.

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