TSMC still in talks on possible German plant, no decision before August at earliest -exec

FILE PHOTO: The logo of Taiwan Semiconductor Manufacturing Co (TSMC) is pictured at its headquarters, in Hsinchu, Taiwan, January 19, 2021. REUTERS/Ann Wang/

AMSTERDAM (Reuters) -Taiwanese chipmaker TSMC is still in talks about a possible plant in Germany but there will be no decision before August at the earliest, a company executive said on Tuesday.

"I don't want to get into the politics side of the thing, but I do think that there is a need for us to provide our customers with a diverse supply," Kevin Zhang, senior vice president of business development, told reporters, adding that Europe is a "very significant geography given the customer base ... (and) the demand".