Core Viewpoint - TSMC is establishing its first design center in Europe, located in Munich, focusing on automotive applications and aiming for significant advancements in memory technology [1][2]. Group 1: TSMC's Strategic Shift - TSMC's new design center represents a strategic shift from solely chip manufacturing to providing design services, addressing the lack of advanced design expertise in Europe [1][2]. - The European Design Center (EUDC) is expected to support TSMC's €10 billion investment in the European Semiconductor Manufacturing Company (ESMC) located in Dresden, which TSMC operates with a 70% stake [1][2]. Group 2: Focus Areas and Technology Development - The design center will focus on high-density, high-performance, and energy-efficient chips, particularly in automotive, industrial, AI, and IoT applications [1][2]. - TSMC plans to introduce 5nm MRAM and 6nm RRAM technologies, which are critical for automotive applications and AI chip memory expansion [4][5]. Group 3: Market Projections and Future Plans - By 2030, the automotive sector is projected to account for 15% of a $1 trillion market, surpassing IoT's 10% share, with data centers and AI driving significant growth [6]. - TSMC's N3 technology is expected to achieve high yield and long-term operation, with over 70 new wafers anticipated by April 2025 [5][6].