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 issues, such as supply chains in Germany and the availability of skilled workers. "Regarding these two issues, there are indeed gaps." German students could be sent to Taiwan to train them in the fields in question.

He said it was still unclear how much government funding TSMC could get in Germany. "We hope there will be no strings attached," Liu said. TSMC had said in March it would conduct a feasibility study to build a new factory in Saxony's capital.