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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.

Uwe Ahrens, board member of Altech Advanced Materials, stands in front of a solid-state battery at Fraunhofer IKTS. / Photo: Steffen Rasche/Altech Advanced Materials/dpa/archive image

Lusatia develops into a focal point for battery production

The establishment of companies like Altech promotes the development of battery production in Lusatia. Altech plans to build two factories in the Schwarze Pumpe industrial park in Brandenburg, with investments of over one billion euros and the creation of 1,000 jobs.