It is reported that TSMC is negotiating to obtain a subsidy equivalent to half of the cost of the factory from the German government.

(TSMC)-- TSMC, the world's largest contract chip manufacturer, is negotiating to obtain subsidies from the German government to cover 50% of the construction cost of a new German semiconductor plant, according to a person familiar with the matter. Berlin authorities are in talks with TSMC and its project partners Bosch, NXP Semiconductor and Infineon, according to people familiar with the matter. People familiar with the matter spoke on condition of anonymity because the discussion has not yet been made public. At present, the German government has not yet made a final decision, and the amount of subsidies may still be adjusted. Any national aid must also be signed and approved by the European Commission. (Bloomberg)