DÜSSELDORF. The chip manufacturer Globalfoundries wants to expand its factory in Dresden: capacity is to be almost doubled by the end of the decade. The US group will invest eight billion dollars for this, said CEO Thomas Caulfield to the Handelsblatt on the sidelines of a customer event in Munich.
The manager is demanding government support to the same extent as that received by rival TSMC for its planned plant in Dresden. For the Taiwanese, the state covers half of the costs. That means: Caulfield calculates subsidies of four billion dollars.
Federal government circles confirm that Globalfoundries has made representations to the Federal Ministry of Economics and the Chancellery and has expressed its desire for government support. However, Berlin has not yet taken a concrete position.