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Latest / Chips, compute and energy

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European Commission clears €5bn German aid for TSMC-led ESMC fab in Dresden

See how this story connects

Source: European Commission

The European Commission approved €5 billion of German state aid on 20 August 2024 for ESMC, a joint venture of TSMC, Bosch, Infineon and NXP, to build a fab in Dresden. The plant will make 28/22nm and 16/12nm FinFET chips on 300mm wafers, about 480,000 wafers a year, at full capacity by 2029.

Why it matters

The aid, assessed against the European Chips Act goals, brings TSMC manufacturing into the EU and gives European industrial chip buyers a local source.

When
20 Aug 2024
ID
WTA-N-2024-0119
Who
European Commission, ESMC, TSMC, Bosch, Infineon, NXP

Summary by wheresthe.ai, from European Commission. Checked against the source on 9 Oct 2026.

Read the original at European Commission

Source copy: download the page as saved on 18 Oct 2026 (PDF). Also held by the Internet Archive.

Earlier in this Storyline: What led hereTSMC, Bosch, Infineon and NXP form ESMC to build a €10bn+ chip fab in Dresden

Data to measure this

Compare the years before 2024 with the years since in these series.

  • BACI product-level trade databaseCEPIIHarmonised annual bilateral trade for about 5,000 HS6 products among about 200 countries, including chips.Years: 1995-present · annual · download · CSV · Covers before and after
  • UN ComtradeUnited Nations Statistics Division · paidBilateral goods trade by reporter, partner and product code, for example HS 8542 integrated circuits.monthly · api · CSV, JSON, API

All data for European Union

Cite this story

WTA-N-2024-0119: “European Commission clears €5bn German aid for TSMC-led ESMC fab in Dresden.” wheresthe.ai, 20 Aug 2024. https://wheresthe.ai/d/eu-de-esmc-dresden-5bn-state-aid-2024-08/ (source: European Commission).

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