STMicroelectronics and Global Foundries to build new chip plant in France
Monday 11 July 2022
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Chipmakers STMicroelectronics (STM) and GlobalFoundries (GF) have announced plans to build a jointly operated 300mm semiconductor wafer manufacturing facility in France.
According to a statement on STM’s website, STM and GF will receive “significant financial support” from the French government to fund the project. The announcement forms part of French president Emmanuel Macron’s efforts to attract more foreign investors to the country.
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