cross-posted from: https://mander.xyz/post/50782867

The arrival of Taiwan Semiconductor Manufacturing Co. in Dresden, Germany, is set to change the city.

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The company’s joint venture, European Semiconductor Manufacturing Co. (ESMC), will be its first plant in Europe. The fab is scheduled to open by late 2027 and will produce 28-nanometer chips.

TSMC has already brought a few dozen Taiwanese employees and their families to Dresden, per Nikkei. About 2,000 employees and their families will eventually settle there for at least three years.

The figure will rise to about 15,000 when employees and families of ESMC suppliers of other nationalities are included.

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Regarding the influx of Taiwanese employees, Dresden Mayor Dirk Hilbert said, “There are no organized protests against the project, and support within city committees is strong,” per Nikkei. “The influx of new residents is expected to significantly increase regional value creation and also strengthen other sectors such as skilled trades, thereby increasing overall purchasing power,” he added.

Kelly Su, president of the Taiwanese Business Association in Dresden, said TSMC’s relocation support differs greatly between its employees and those at smaller supplier companies,

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