Taiwan Semiconductor Manufacturing Co Ltd (TSMC) has no concrete plans to build factories in Europe, chairman Mark Liu said on Wednesday, adding that customers in the region were smaller than in other parts of the world. The company, which is the world’s largest contractor manufacturer of semiconductors, evaluates expansion plans in various regions, a key factor in customer demand, told TSMC shareholders’ annual meeting.
The European Union has been in talks with Taiwan, a major semiconductor producer, to build plants in the bloc, and top officials on both sides negotiated chip cooperation last week.In February, the EU introduced the European Chips Act, in which the bloc named Taiwan as one of the “like-minded partners” Europe would like to work with.
TSMC, the most important company on the Asian list, spends $ 12 billion in chip factories in the United States, and builds a factory with Sony Group in Japan, as companies and governments try to address the global chip shortage that has hit the automotive industry .The TSMC said in April it expected the chip volume to remain stable this year, amid global problems that kept order orders full and allowed chip manufacturers to charge exorbitant prices.Liu said the use of TSMC plants remains “very high” this year, and that the current high inflation does not have a direct impact on the chip industry.
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