To do this, the company’s director will travel to Dresden.
It is difficult to hide the readiness of TSMC management to launch the construction of the plant in Germany from industry sources, since the ceremony itself implies a visit by the company’s head to Dresden, and this requires advance preparation. As noted by Nikkei Asian ReviewTSMC CEO CC Wei’s trip to Germany is scheduled for the end of the second ten days of August. The opening ceremony of the construction site in Dresden is scheduled for August 20.
Image source: TSMC
In addition to TSMC management, it will host representatives of the company’s customers, as well as its contractors and suppliers, not to mention German officials. The ESMC joint venture will be headed by former Bosch Senior Vice President Christian Koitzsch, and the German automotive component manufacturer’s enterprise that he previously headed will be located in close proximity to the future TSMC plant. About 10 billion euros will be invested in the construction of this enterprise, TSMC will own 70% of ESMC shares, the remaining 30% will be divided equally between Bosch, Infineon and NXP. The ESMC plant in Dresden is planned to be launched by the end of 2027.
