EC approves €7.4bn subsidy for ST-GloFo JV fab
By David Manners, ElectronicsWeekly (May 1, 2023)
The EC has approved a €7.4 billion subsidy for ST and GloFo’s jv FD-SOI fab at Crolles.
When the jv was announced in July 2022, President Macron’s office said that the investment would be in excess of 5.7 billion without specifying the currency.
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