Taiwan Semiconductor Manufacturing Co. (TSMC), the industry leader in chipmaking, renowned globally for providing the cutting-edge silicon components that make smart technology, ranging from cars to mobile phones, run at break-neck speed with technological ability that was only dreamt of a few decades ago, is currently in the early stages of considering a new chipmaking plant in Germany. This news came from Chairman Mark Liu, who today told shareholders of the potential change.
It has also been known for some time that TSMC, which is also the world’s biggest chipmaker, has been conducting due diligence in Japan, where it is considering building another semiconductor facility to alleviate the struggle of its Taiwan-based plant caused by surging demand as the global economy strives to rebound after the damaging effects of COVID-19. Liu reportedly told shareholders that the potential Japanese plant continues to depend on customer demand, which the company is said to be closely monitoring they are supposedly in weekly talks to assess the overall viability of the project.