Premium Domain Names for Sale at CrocoDom.com
People attend the opening of TSMC global R&D center in Hsinchu, Taiwan July 28, 2023. REUTERS/Ann Wang/File Photo Acquire Licensing Rights
TAIPEI/BERLIN, Aug 8 (Reuters) – Taiwanese chipmaker TSMC on Tuesday committed 3.5 billion euros ($3.8 billion) to a factory in Germany, its first in Europe, taking advantage of huge state support for the $11 billion plant as the continent seeks to bring supply chains closer to home.
The plant, which will be TSMC's (2330.TW) third outside of traditional manufacturing bases Taiwan and China, is central to Berlin's ambition to foster the domestic semiconductor industry its car industry will need to remain globally competitive.
The European Union has approved the European Chips Act, a 43 billion euro subsidy plan to double its chipmaking capacity by 2030, in a bid to catch up with Asia and the United States after shortages and high prices during the COVID-19 pandemic created havoc for the continent's carmakers and machine builders.
Germany, which has been courting the world's largest contract chipmaker since 2021, will contribute up to 5 billion euros to the factory in Dresden, capital of the eastern state of Saxony, German officials said.
"Germany is now probably becoming the major location for semiconductor production in Europe," German Chancellor Olaf Scholz said, less than two months after Intel (INTC.O) announced a 30 billion euro plan to build two chip-making plants in the country.
"That is important for the resilience of production structures around the world, but it is also important for the future viability of our European continent, and it is of course particularly important for the future viability of Germany."
Saxony, centre of the former East Germany's electronics industry, already has several chip "fabs" and is heir to a tradition of precision craftsmanship: in one of the 40 rounds of talks, officials from Taiwan Semiconductor Manufacturing Co (TSMC) were treated to a visit to see exquisitely-wrought jewellery in Dresden's Green Vault museum.
TSMC's is the single largest investment in Saxony's history and a boost for conservative state premier Michael Kretschmer, who faces a strong challenge from the anti-immigration, far-right Alternative for Germany party ahead of next year's regional election.
"This will only work if Germany becomes an immigrant country," Kretschmer told a news conference, acknowledging that filling the 10,000-odd vacancies that would be created by the factory and its suppliers would take more than the investments in training that he was also planning.
TSMC said it would invest up to 3.499 billion euros into a subsidiary, European Semiconductor Manufacturing Company (ESMC), of which it will own 70%.
Germany's Bosch (ROBG.UL) and Infineon (IFXGn.DE) and the Netherlands' NXP (NXPI.O) will each own 10% of the plant, which will make up to 40,000 wafers a month for cars and industrial and home products when it opens in 2017.
The factory will cost around 10 billion euros in total.
Semiconductor maker Wolfspeed (WOLF.N) too has already taken advantage of the subsidies on offer to set up shop in Germany, as the EU seeks to double to 20% its global market share in semiconductors by 2030.
German Economy Minister Robert Habeck hailed the investment as a vote of confidence in a German economy that has been battered by high energy prices following Russia's invasion of Ukraine, which triggered a slowdown and fears that Europe's economic powerhouse could be deindustrialising.
"There is going to be a real ecosystem for semiconductor manufacturing in Germany," he said. "It's going to generate orders for the whole sector: for machine builders, for optics manufacturers, for skilled workers."
TSMC is also investing $40 billion in a new plant in the western U.S. state of Arizona, supporting Washington's plans for more chipmaking at home, and is building a plant in Japan in a joint venture with Sony.
TSMC said in a statement after a board meeting that approved the German investment that it had also approved a capital injection of not more than $4.5 billion for the Arizona plant as part of the overall $40 billion investment.
($1 = 0.9122 euros)
Reporting by Ben Blanchard and Thomas Escritt Additional reporting by Christoph Steitz Editing by Louise Heavens and Mark Potter
Our Standards: The Thomson Reuters Trust Principles.
Thomson Reuters
Berlin correspondent who has investigated anti-vaxxers and COVID treatment practices, reported on refugee camps and covered warlords' trials in The Hague. Earlier, he covered Eastern Europe for the Financial Times. He speaks Hungarian, German, French and Dutch.
Chinese artificial intelligence (AI) firms Baichuan Intelligent Technology and Zhipu AI on Thursday opened their AI large language models to the public after receiving approval from Chinese authorities.
Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions of people worldwide every day. Reuters provides business, financial, national and international news to professionals via desktop terminals, the world's media organizations, industry events and directly to consumers.
Build the strongest argument relying on authoritative content, attorney-editor expertise, and industry defining technology.
The most comprehensive solution to manage all your complex and ever-expanding tax and compliance needs.
The industry leader for online information for tax, accounting and finance professionals.
Access unmatched financial data, news and content in a highly-customised workflow experience on desktop, web and mobile.
Browse an unrivalled portfolio of real-time and historical market data and insights from worldwide sources and experts.
Screen for heightened risk individual and entities globally to help uncover hidden risks in business relationships and human networks.
All quotes delayed a minimum of 15 minutes. See here for a complete list of exchanges and delays.
© 2023 Reuters. All rights reserved

source
Premium Domain Names:

A premium domain name is a highly sought-after domain that is typically short, memorable, and contains popular keywords or phrases. These domain names are considered valuable due to their potential to attract more organic traffic and enhance branding efforts. Premium domain names are concise and usually consist of one to two words or two to four individual characters.

Top-Level Domain Names for Sale on Crocodom.com:

If you are looking for top-level domain names for sale, you can visit Crocodom.com. Crocodom.com is a platform that offers a selection of domain names at various price ranges. It is important to note that the availability of specific domain names may vary, and it’s recommended to check the website for the most up-to-date information.

Contact at crocodomcom@gmail.com:

If you have any inquiries or need assistance regarding the domain names available on Crocodom.com, you can reach out to them via email at crocodomcom@gmail.com. Feel free to contact them for any questions related to the domain names or the purchasing process.

Availability on Sedo.com, Dan.com, and Afternic.com:

Apart from Crocodom.com, you can also explore other platforms like Sedo.com, Dan.com, and Afternic.com for available domain names. These platforms are popular marketplaces for buying and selling domain names. Each platform may have its own inventory of domain names, so it’s worth checking multiple sources to find the perfect domain name for your needs.

#PremiumDomains #DomainInvesting #DigitalAssets #DomainMarketplace #DomainFlipping #BrandableDomains #DomainBrokers #DomainAcquisition #DomainPortfolio #DomainIndustry #DomainAuctions #DomainInvestors #DomainSales #DomainExperts #DomainValue #DomainBuyers #DomainNamesForSale #DomainBrand #DomainInvestment #DomainTrading

Leave a comment