Suppliers to Taiwan’s world-leading semiconductor manufacturing industry are plotting an entry into Europe as the construction of the first advanced chip factories on the continent in decades reshapes its supply chains.
“We are planning investments in Germany, and the European market is going to be ours,” said Vincent Liu, president and chief executive of LCY Group, a supplier of cleaning agents and solvents to Taiwan Semiconductor Manufacturing Co, the world’s largest contract chipmaker.
Three other Taiwanese chemicals suppliers to TSMC also said they were considering investments in Europe.
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