Europe


2024-07-29

[News] TSMC’s German Plant Reported to Break Ground in Weeks, Expected to Begin Production by Late 2027

TSMC announced last year that it would build a plant in Dresden, Germany. The plant is originally expected to break ground as early as Q4 this year, but now it may start sooner. According to a report from Deutsche Welle, TSMC’s Dresden plant will begin construction within a few weeks, which means ...

2024-07-23

[News] Intel Suspended Investment in French and Italian Chip Plants

Recently, after reporting a loss of USD 7 billion in its manufacturing business for 2023, Intel stated that its investment in France and Italy could not be realized for the time being, which is worth several billion euros and can potentially create thousands of jobs. Relevant investment plans for ch...

2024-07-19

[News] TSMC Maintains Overseas Expansion Strategy, Unfazed by Geopolitical Disruptions

According to a report from Economic Daily News, amid U.S. presidential candidate Donald Trump's remarks claiming that Taiwan is taking away chip business and should pay the U.S. for defense, geopolitical risks have become another focal point at TSMC's July 18 earnings call. TSMC stated that wheth...

2024-06-14

[News] Impacted by the Tariff Increase by EU, Tesla Reportedly Expects Price Hike for European Model 3

Due to the EU's announcement of increased tariffs on Chinese-made electric vehicles, Tesla has announced that it will raise the price of the Model 3 in the European market starting in July, though the extent of the price increase has not been specified. According to a report from CNBC, Tesla CEO ...

2024-06-13

[News] EU Plans to Impose Tariffs as High as 38.1% on Chinese Electric Vehicles Amid Trade War

Following an eight-month anti-subsidy investigation, the EU announced on June 12th that it will increase the temporary tariff rate on all Chinese electric vehicle companies from the current 10% to as high as 38.1%. According to a report from CNBC, the European Commission warned that if an agreement ...

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