Germany to Pay Taiwanese Chipmaker Over $5Bln to Open Plant in Dresden - Reports

Aug 7th 2023 11:55am EDT

BERLIN (Sputnik) – Taiwan Semiconductor Manufacturing Company Limited (TSMC) will receive 5 billion euros ($5.5 billion) from the German government to open a production plant in the eastern city of Dresden, a German newspaper reported on Monday, citing government sources.

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