European Commission approves €5 billion in state aid to support TSMC, Bosch-led chip plant in Germany

Briefing
Investments

Germany notified the commission of its plan to support ESMC's project to build and operate a new semiconductor production facility in Dresden

The European Commission has approved a €5 billion German measure to support the European Semiconductor Manufacturing Co. (ESMC) in constructing and operating a microchip manufacturing plant in Dresden, Germany.

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