MENU

€10bn EMSC joint venture FINFET fab for Europe

€10bn EMSC joint venture FINFET fab for Europe

Business news |
By Nick Flaherty

Cette publication existe aussi en Français


TSMC has announced its plan to jointly invest in European Semiconductor Manufacturing Company (ESMC) fab in Dresden, Germany, with Robert Bosch, Infineon Technologies and NXP.

The 300mm ESMC fab, announced after a TSMC board meeting today, will support the future capacity needs of the fast-growing automotive and industrial sectors. Any final investment decision will depend on the level of public funding for the project under the framework of the European Chips Act.

The planned fab is expected to have a monthly production capacity of 40,000 300mm wafers on TSMC’s 28/22nm planar CMOS and 16/12nm FinFET process technology.

The fab will strengthening Europe’s semiconductor manufacturing ecosystem with advanced FinFET transistor technology and about 2,000 direct high-tech professional jobs. ESMC aims to begin construction of the fab in the second half of 2024 with production targeted to begin by the end of 2027.

The planned ESMC joint venture will be 70% owned by TSMC, with Bosch, Infineon, and NXP each holding 10% equity stake, subject to regulatory approvals and other conditions. Total investments are expected to exceed €10bn consisting of equity injection, debt borrowing, and strong support from the European Union and German government. The fab will be operated by TSMC.

“This investment in Dresden demonstrates TSMC’s commitment to serving our customers’ strategic capacity and technology needs, and we are excited at this opportunity to deepen our long-standing partnership with Bosch, Infineon, and NXP,” said Dr. CC Wei, Chief Executive Officer of TSMC. “Europe is a highly promising place for semiconductor innovation, particularly in the automotive and industrial fields, and we look forward to bringing those innovations to life on our advanced silicon technology with the talent in Europe.”

“Semiconductors are not only a crucial success factor for Bosch. Their reliable availability is also of great importance for the success of the global automotive industry,” said Dr. Stefan Hartung, chairman of the Bosch board of management. “Apart from continuously expanding our own manufacturing facilities, we further secure our supply chains as an automotive supplier through close cooperation with our partners. With TSMC, we are pleased to gain a global innovation leader to strengthen the semiconductor ecosystem in the direct vicinity of our semiconductor plant in Dresden.”

“Our joint investment is an important milestone to bolster the European semiconductor ecosystem. With this, Dresden is strengthening its position as one of the world’s most important semiconductor hubs that is already home to Infineon’s largest frontend site,” said Jochen Hanebeck, CEO of Infineon Technologies. “Infineon will use the new capacity to serve the growing demand particularly of its European customers, especially in automotive and IoT. The advanced capabilities will provide a basis for developing innovative technologies, products and solutions to address the global challenges of decarbonization and digitalisation.”

“NXP is very committed to strengthening innovation and supply chain resilience in Europe,” said Kurt Sievers, President and CEO of NXP Semiconductors. “We thank the European Union, Germany, and the Free State of Saxony for their recognition of the semiconductor industry’s critical role and for their true commitment to boost Europe’s chip ecosystem. The construction of this new and significant semiconductor foundry will add much needed innovation and capacity for the range of silicon required to supply the sharply increasing digitalization and electrification of the automotive and industrial sectors.”

www.bosch.com; www.infineon.com; www.nxp.com; www.tsmc.com.

 

If you enjoyed this article, you will like the following ones: don't miss them by subscribing to :    eeNews on Google News

Share:

Linked Articles
10s