
German federal state minister attends Semicon Taiwan, pleased with ESMC progress
The economics minister of the German federal state of Saxony, Dirk Panter said he’s happy to see TSMC’s project in Dresden moving ahead of schedule. So much so that he’s attended Semicon Taiwan in person. The project’s success may well create over 10,000 jobs in related industries.
The minister of economic affairs of the German state of Saxony, Dirk Panter is attending Semicon Taiwan in person. He appears to be pleased about the progress of TSMC’s fab in Dresden, also known as ESMC.
Dirk Panter
Saxony minister of economic affairs (Germany)
We have a very good working relationship with TSMC. If you have problems, please let us know. They don’t call us, because they don’t have any problems. It’s all working well, we’re within schedule, as we were with other fabs, where we were even ahead of schedule. There are some problems, some concerning production sites in the US, but we actually haven’t experienced that in Saxony.
The German federal state holds meetings with TSMC regularly, prompting other Taiwan companies to also seek investment opportunities in the region. The Saxon minister says his state is fully behind ESMC and will also do its part in cultivating talent for Taiwan-German cooperation in the chip industry.
Dirk Panter
Saxony minister of economic affairs (Germany)
We also have a good tradition of vocational training, just to be sure that we have the scientific talent, but also have the technical, the vocational talent, that’s something we’re strong in, that’s one of our big assets, and that’s why we want to use that for ESMC as well.
Frank Bösenberg
Silicon Saxony managing director
More than 30 students from Saxony here being trained also, already by TSMC. Taiwan nurtures the talent pool that is available right now, already in Saxony, and you will enlarge this all over Germany and potentially over Europe. Taiwan is the number one country in the world for semiconductors, so it’s only logical to team up.
TSMC has pledged to invest a total of 10 billion euros, or over NT$350 billion, to build ESMC, creating more than 2,000 jobs directly. Adding related industries, including chemicals, industrial gases and manufacturing sites, ESMC could potentially create more than 10,000 new jobs in the region.
Frank Bösenberg
Silicon Saxony managing director
The semiconductor industry is really a policy focused for many European countries. Chips Act 2.0 is under preparation.
News of ESMC being ahead of schedule also made TSMC stocks go up, even hitting the company’s historic high of NT$1,250 per share at one point.
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2025-09-11