EU to offer $8.7 billion in aid to make chips, communication tech
The funding, which was planned by 14 member nations, is expected to attract another $14.7 billion in private investments.
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The funding, which was planned by 14 member nations, is expected to attract another $14.7 billion in private investments.
Today, European Commissioner Executive Vice-President Margrethe Vestager approved an Important Project of Common European Interest (IPCEI) to support research, innovation and the first industrial deployment of microelectronics and communication technologies across the value chain
European Commission approves €8.1 billion in state aid packages in 14 member states • Malta Enterprise to provide financial backing to STMicroelectronics
The European Commission has approved 8.1 billion euros ($8.7 billion) of state aid for microelectronics and communication technology projects as part of the European Union's drive to be at the cutting edge of technological innovation.
By Foo Yun Chee BRUSSELS (Reuters) -Airbus, ASML, Ericsson and 53 other companies will take part in joint microelectronics and communication technolog...