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Germany approves stake purchase by Bosch, Infineon and NXP in TSMC chip plant, ET Telecom

The companies would each acquire 10% of shares in the European Semiconductor Manufacturing Company (ESMC), founded by TSMC, said the German cartel office.

Andreas mundtEuropean unionEuropean semiconductor manufacturing companyBosch stake purchase esmcInfineon stake purchase esmcNxp stake purchase esmcTsmc chip plant germanyEsmc chip plant dresdenGermany domestic chip industry

Germany approves stakes by Bosch, Infineon and NXP in TSMC chip plant

The companies would each acquire 10% of shares in the European Semiconductor Manufacturing Company (ESMC), founded by TSMC, it said. "The recent geopolitical upheavals have shown how important secured access to semiconductors is, especially for the German industry," Andreas Mundt, president of the cartel office, said in a statement. He added that both the European Union and Germany were committed to locating more semiconductor production in Europe and Germany.

Matthias williamsAndreas mundtLinda pasquiniEuropean semiconductor manufacturing companyEuropean unionRachel moreEuropean semiconductor manufacturing company

bosch stake purchase esmc: Germany approves stake purchase by Bosch, Infineon and NXP in TSMC chip plant

The companies would each acquire 10% of shares in the European Semiconductor Manufacturing Company (ESMC), founded by TSMC, said the German cartel office.

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German regulator approves stakes by Bosch, Infineon and NXP in TSMC chip plant

German regulator approves stakes by Bosch, Infineon and NXP in TSMC chip plant
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Linda pasquiniEuropean semiconductor manufacturing companyRachel more

NXP Semiconductors Reports Third Quarter 2023 Results

EINDHOVEN, The Netherlands, Nov. 06, 2023 (GLOBE NEWSWIRE) NXP Semiconductors N.V. (NASDAQ: NXPI) today reported financial results for the th.

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