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STMicroelectronics and GlobalFoundries announced a joint venture to build a 300mm semiconductor manufacturing facility in Crolles, France, with significant French government support. The plant is expected to come online in 2026, producing 620,000 wafers per year, and create 1,000 jobs.
“The two companies today announced they've signed a 'Memorandum of Understanding to create a new, jointly-operated 300mm semiconductor manufacturing facility adjacent to ST's existing 300mm facility in Crolles, France.'”theregister.com
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