Armed with 5 b subsidy, TSMC breaks ground on 11 b German chip factoryTaiwan Semiconductor Manufacturing Co started building its first European plant in Dresden, Germany, intending to ensure stable chip suppli...
20 Aug, 2024, 11.54 PM IST
Chip shortage in Germany's car industry will last years: Audi's Renate VachenauerBerlin has been courting the world's largest contract chipmakers with billions of euros in subsidies. Chipmakers such as US Intel and Taiwa...
11 Aug, 2023, 10.18 AM IST
Taiwan chipmaker TSMC approves $3.8 billion Germany factory planThe company, in a brief statement after a board meeting, said it had approved the investment of up to 3.499 billion euros in a TSMC-majorit...
08 Aug, 2023, 04.01 PM IST
Germany earmarks €20 billion for chip industry in coming yearsAs per Germany's economy ministry, the money will come from the Climate and Transformation Fund.
26 Jul, 2023, 09.49 AM IST
Germany earmarks €20 billion in subsidies for chip industryThe ministry said Taiwanese semiconductor manufacturer TSMC has also expressed interest in investing in a semiconductor production facility...
25 Jul, 2023, 04.33 PM IST
How Poland snagged Intel's multi-billion dollar investmentIn the face of an unprecedented semiconductor shortage, Europe is offering billions of euros in subsidies to reduce its dependence on Asia....
22 Jun, 2023, 12.33 PM IST
Germany to offer aid only to strategic sectors after Intel subsidyIntel's decision to develop two chip-making plants in Magdeburg was hailed by Chancellor Olaf Scholz as the biggest-ever foreign investment...
21 Jun, 2023, 11.34 PM IST
Global chip race touches off spending spree, led by Intel’s $50-billion campaign targeting semiconductorsIntel’s largest layout in Europe will be its $32.8 billion plant in Germany.
21 Jun, 2023, 09.39 AM IST
Chipmakers' plans for factories in Europe, US and AsiaIndia, Taiwan and South Korea have offered incentives such as tax breaks to boost domestic chip production. Here are some of the chipmakers...
20 Jun, 2023, 04.45 PM IST
Intel to spend $33 billion in Germany in landmark expansionThe deal to build two leading-edge semiconductor facilities in the eastern city of Magdeburg involves 10 billion euros in German subsidies,...
19 Jun, 2023, 08.16 PM IST
Germany to sign agreement with Intel after chip plant talksBerlin has not confirmed how much state funding the company is set to receive for the project in the central German city of Magdeburg.
19 Jun, 2023, 02.44 PM IST
Intel, Micron spending spree shows chip diplomacy bearing fruitIntel Chief Executive Officer Pat Gelsinger flew to Wroclaw, Poland, to announce a new $4.6 billion chip facility in the 1,000-year-old uni...
16 Jun, 2023, 06.38 PM IST
Intel to invest $4.6 billion in new chip plant in PolandIntel said on Friday it will invest up to $4.6 billion in a new semiconductor assembly and test facility near Wrocław, Poland, as part of a...
16 Jun, 2023, 02.05 PM IST
Germany refusing Intel's additional demand for subsidies for chip plant: reportThe company was due to receive 6.8 billion euros in government support for its fabrication plant in Germany. However, due to higher energy ...
11 Jun, 2023, 11.39 AM IST
TSMC plans for first German chip fab with cost up to €10 billionIn 2021, TSMC Chairman Mark Liu told shareholders that the company had begun assessments on establishing manufacturing operations in German...
04 May, 2023, 09.40 AM IST
Germany wants more chipmakers, but they won't come cheapPlans are in the works to revamp German immigration laws to attract more talent, but that might not be soon enough. "Firms that already exi...
27 Mar, 2023, 11.55 PM IST
Intel seeks $10 billion in subsidies for European chip plantPat Gelsinger, on his first European tour since taking charge, met European Commissioner Thierry Breton in Brussels on Friday.
01 May, 2021, 10.05 AM IST