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TSMC semiconductor training program at TU Dresden oversubscribed

EditorAmbhini Aishwarya
Published 2023-11-20, 06:08 a/m
© Reuters.

DRESDEN - TU Dresden has seen an overwhelming response to its semiconductor training program, which is supported by Taiwan Semiconductor Manufacturing Company (TSMC). The program has received 124 applications for a mere 30 spots available to students from universities across Saxony. The selected candidates and alternates for this highly competitive initiative are expected to be announced within the week.

This surge in interest comes as TSMC, the world's leading semiconductor foundry, is making significant investments in the region. The training program is open to master's and third-year undergraduate students from various technical disciplines at 11 regional universities. Preference is being given to those with prior industry experience.

The chosen students will embark on a comprehensive journey into the world of semiconductors. Starting in March, they will travel to Taiwan to begin foundational studies in semiconductor theory at a Taiwanese university. By June, their education will continue at TSMC’s own training facilities, where they will gain two months of invaluable hands-on experience.

TSMC's expansion plans do not stop there; the company intends to grow the program to include up to 100 participants by 2025. This initiative is part of a broader strategy following TSMC's announcement in August of a joint venture for a new wafer fabrication plant in Dresden. In September, TSMC solidified its commitment through an agreement with Saxony and TU Dresden to cultivate local semiconductor talent.

The Dresden plant, which will be majority-owned by TSMC with a 70% stake and Bosch, Infineon (OTC:IFNNY) Technologies, and NXP Semiconductors (NASDAQ:NXPI) as minority partners, is expected to begin mass production by the end of 2027. It will focus on manufacturing components for automotive electronics and specialty industrial devices, marking a significant milestone in the region's technological advancement and economic growth.

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