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. ‘The aid will take the form of direct grants to ST and …
The post EC approves €7.4bn subsidy for ST-GloFo jv fab appeared first on Electronics Weekly .