login
login
Image header Agence Europe
Europe Daily Bulletin No. 13172
Contents Publication in full By article 10 / 39
ECONOMY - FINANCE - BUSINESS / Competition

European Commission authorises €7.4 billion in French aid to STMicroelectronics and GlobalFoundries for production of electronic chips

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...

Contents

Russian invasion of Ukraine
ECONOMY - FINANCE - BUSINESS
SECTORAL POLICIES
SOCIAL AFFAIRS - EMPLOYMENT
INSTITUTIONAL
EXTERNAL ACTION
COUNCIL OF EUROPE
NEWS BRIEFS