The funding will aid the European Semiconductor Manufacturing Company\u00a0(ESMC) in constructing and operating a world-leading microchip manufacturing plant in Dresden, Germany.<\/p>\n
The ESMC is a collaborative project between Taiwan Semiconductor Manufacturing Company\u00a0(TSMC),\u00a0Bosch,\u00a0Infineon, and\u00a0NXP.<\/p>\n
The microchip production facility will be pivotal in reinforcing Europe’s security of supply, resilience and digital sovereignty in semiconductor technologies while delivering the objectives of the European Chips Act<\/a>.<\/p>\n Margrethe Vestager, Executive Vice-President in charge of competition policy, commented: “This \u20ac5bn German measure will strengthen semiconductor production capacity in Europe, helping us deliver our green and digital transition and creating opportunities for high-skilled employment.<\/p>\n “The measure’s open foundry model will ensure widespread access to power-efficient chips, including by smaller companies and start-ups, while limiting any potential distortion of competition.”<\/p>\n The new large-scale manufacturing facility will produce high-performance microchips using 300mm silicon wafers with node sizes of 28\/22nm and 16\/12nm, utilising FinFET technology.<\/p>\n This allows for the integration of additional features into a single chip, resulting in enhanced performance and reduced power consumption.<\/p>\n The plant, set to reach full capacity by 2029, is expected to produce 480,000 silicon wafers annually.<\/p>\n Operating as an open foundry, the facility will accept orders from any customer, including the three shareholders, alongside TSMC.<\/p>\n This model is vital for the EU’s ecosystem, particularly in supporting European SMEs and start-ups.<\/p>\n The facility will also offer special access to production capacities for SMEs and universities, fostering research and innovation in Europe.<\/p>\nESMC overview<\/h3>\n