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GLOBALFOUNDRIES, ST Announce 4 Billion Euros of Investment in France to Build Semiconductor Plants

GLOBALFOUNDRIES, ST Announce 4 Billion Euros of Investment in France to Build Semiconductor Plants

Source:本站Time:2022-07-11Views:

GLOBALFOUNDRIES and STMicroelectronics will announce plans to build a semiconductor factory in France, investing nearly 4 billion euros, as part of Europes efforts to increase its independence in microchips.

GlobalFoundries Inc.png

Mingjiada news, reported on July 11, GlobalFoundries Inc and STMicroelectronics will announce plans to build a semiconductor factory in France, investing nearly 4 billion euros, as part of Europe's efforts to increase its independence in the microchip field. This will help support the European Commission's push to produce 20% of the world's microchips in Europe by 2030.


GLOBALFOUNDRIES and STMicroelectronics are scheduled to announce the investment at the fifth "Choose France" summit in Versailles on Monday. STMicroelectronics declined to comment. Bloomberg reported last month that with government funding, GlobalFoundries and STMicroelectronics are discussing building a fab in France, in line with the EU chip bill.


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