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The new ESMC chip plant in Dresden is intended to strengthen European expertise in semiconductor production in the long term. (Archive image) / Photo: David Chang/EPA/dpa

Construction of a new chip factory started in Dresden

A year ago, the Taiwanese chip manufacturer TSMC announced the construction of a plant in Dresden. Now the ground-breaking ceremony is taking place in the north of Dresden, where other major players in the industry are also based.

The logo of the Silicon Saxony high-tech network at the "KarriereStart" job fair. / Photo: Sebastian Kahnert/dpa

Saxony's high-tech sector grew strongly in 2023

The number of employees in Saxony's high-tech sector grew strongly last year. The number of employees in the microelectronics and ICT sector increased by 6.4 percent to 81,000, announced Frank Bösenberg, Managing Director of the Silicon Saxony industry network, on Tuesday. "We are sticking to our fo ..

The Vitesco Technologies logo on a sign in front of the factory premises / Photo: Armin Weigel/dpa

Vitesco earns more before merger with Schaeffler

The automotive supplier Vitesco has earned significantly more in its day-to-day business. For the year as a whole, the Regensburg-based company achieved earnings before interest and taxes of 341.1 million euros, adjusted for special effects, as announced on Friday. This was a good half more than in ..

Oliver Schenk (CDU), Head of the State Chancellery in Saxony / Photo: Robert Michael/dpa/Archivbild

Head of the State Chancellery travels to Taiwan with a delegation

Saxony sees the planned relocation of Taiwanese chip manufacturer TSMC to Dresden on schedule. "We are making very good progress with TSMC's relocation process in Dresden," explained State Chancellery Leader Oliver Schenk (CDU) in Dresden on Tuesday. The new plant will further strengthen Saxony's po ..

View of the production building of TechniSat Vogtland GmbH. / Photo: Jan Woitas/dpa

Technisat counts on growth through DAB+ and sees potential in disaster alerting

Electronics manufacturer Technisat, which produces radios in Schöneck in the Vogtland region, is building on further growth through digital reception via DAB+. Since the introduction of this broadcasting standard, around 16 million devices have been sold in Germany, Managing Director Stefan Kön told the German Press Agency. And in future, these radios could also play an important role in alerting the population in the event of a disaster.

Saxony's Minister of Economic Affairs Martin Dulig (SPD) talks to a journalist on the sidelines of an appointment / Photo: Jan Woitas/dpa/Archivbild

TSMC investment brings pull for further new settlements

Economy Minister Martin Dulig (SPD) hopes the billion-euro investment by chip company TSMC in Dresden will attract more imitators. "This will mean a pull effect for further new settlements and the influx of highly qualified specialists," he said after visiting TSMC's headquarters in Hsinchu, Taiwan, ..

Siltronic has inaugurated a new extension building for production facilities / Photo: -/Siltronic Freiberg

Electronics group Siltronic with expansion building in Freiberg

Silicon wafer manufacturer Siltronic is modernizing its production in Freiberg and has put an extension building into operation for this purpose. Several hundred million euros have reportedly been invested in the so-called crystal pulling hall. The company did not get more specific at the opening on ..

Michael Kretschmer (CDU, l), Minister President of Saxony / Photo: Jan Woitas/dpa

Initiative of Saxony: EU semiconductor regions form alliance

European regions with semiconductor industries will form an alliance in the future. On the initiative of Saxony, the alliance was forged in Brussels on Thursday. Participating are 27 regions from twelve EU member states. "Microelectronics means digital sovereignty. Anyone who does not have this comp ..

Headquarters of Taiwan Semiconductor Manufacturing Co., Ltd. (TSMC) in Hsinchu / Photo: Chiang Ying-Ying/AP/dpa

Chip manufacturer TSMC sees problems for new Dresden plant

The world's largest semiconductor maker TSMC is facing problems for its plans to build a new plant in Dresden, Germany. At a shareholders' meeting Tuesday, TSMC Chairman of the Board Mark Liu said negotiations with the German side were ongoing.The Taiwanese chipmaker has concerns about certain issue ..