# STMicroelectronics invests $1B in Crolles fab for Apple chips

STMicroelectronics is investing $1 billion, mainly at its Crolles site, to increase production capacity for electronic chips after winning a contract with Apple. The announcement was made during the group's annual financial results presentation in late January 2017.

- Type: Expansion
- Announced: 2017-01-31
- Where: Crolles, France
- Value: $1.00B
- Status: announced
- Products: electronic chips
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [STMicroelectronics](https://endata.com/companies/21952.md)
- [Apple](https://endata.com/companies/2967.md) (customer)

## Sources

- [grenobleecobiz.com](http://grenobleecobiz.com/jcms/rec_653709/fr/des-puces-de-stmicroelectronics-dans-le-nouvel-iphone-dapple), 2017-02-03: "STMicroelectronics investit un milliard de dollars, essentiellement sur son site de Crolles, pour augmenter ses capacites de production de puces electroniques, apres avoir remporte un marche avec Apple."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.