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TAP TIMES       -22-                                JANUARY 2022


                 The BIG Boom! (from 21)                        the world’s biggest semiconductor makers
                                                                — Intel, Samsung, Texas Instruments and
        In December, as the year was drawing to                 TSMC — are potentially great news for the
        a close, TSMC confirmed that it is in early             semiconductor equipment and materials
        talks with the German government toward                 industry.
        establishing a plant in that European coun-
        try.                                                    Ironically, the tool makers’ problem may
                                                                now be how to fill the equipment orders
        European Union chip expansion                           due to a shortage of many semiconduc-
        Talks are taking place as the European                  tors —  the very components they need to
        Union strives to produce 20 percent of                  make chip-making gear in short supply.
        the semiconductors used globally under a
        forthcoming “European Chips Act.”                       Betting on the future
                                                                In short, the billions of dollars earmarked
        The Taipei Times reported that a senior                 by chip makers for proposed fabs and
        TSMC official said a Germany-based fab                  those now under construction are a giant
        will be “subject to government subsidies,               bet that semiconductor demand will con-
        customer demand and talent pool.”                       tinue to outpace supply.


        The spending plans unveiled last year by                So far, according to many experts, the
                                                                odds are in stacked in their favor.



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