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Silicon Saxony: Europe’s semiconductor powerhouse attracts global giants with EUR50 billion in investments

Germany’s Saxony region, already a key player in Europe’s semiconductor industry, is deepening its ties with Taiwan as TSMC expands its European footprint. This decades-long partnership, now backed by EUR50 billion in industry investments, aims to position Saxony as a global semiconductor powerhouse, centered in Dresden’s “Silicon Saxony.” Beyond chips, this strategic push opens doors for collaboration in electric vehicles (EVs), robotics, and hydrogen energy, further solidifying Europe’s tech leadership.