On Friday 28 April, the European Commission authorised a French measure aimed at helping STMicroelectronics and GlobalFoundries to build and jointly operate an innovative large-scale production facility for high-performance electronic chips in Crolles, France.
France will provide the two companies with €7.4 billion in direct subsidies.
The electronic chips produced will be intended in particular for FD-SOI technology, an innovative ultra-low power technology.
The European Commission...