“So far the feeling is good,” Liu said, pointing out that ”gaps” in the supply chain and labour in Germany were being tackled.
“We are still negotiating with Germany on subsidies, how much the subsidies will be, that there won‘t be conditions for the support,” Liu said. “Germany is discussing this in detail.”
The Taiwanese company has been in discussions with the German state of Saxony about building a chip factory in Dresden since 2021.
Reports from a company executive in May suggest that a decision about whether to proceed with the German plant will not be reached before August 2023.
With the European plant, TSMC will join Intel, Infineon, Wolfspeed and STMicroelectronics, all of whom have recently announced plans to build or expand chipmaking facilities in Europe.
The influx of investment in the area comes after the EU revealed plans to boost European chip production by offering billions in state subsidies in order to reduce the bloc’s reliance on Asian suppliers.
The bloc seeks to double its global market share to 20% in 2030.
