# STMicroelectronics and GlobalFoundries to build €7.4B microchips plant in France

The European Commission approved French state aid for STMicroelectronics and GlobalFoundries to build and jointly operate a front-end semiconductor production facility in Crolles, France, with total investment of €7.4 billion. The plant is expected to produce 620,000 wafers per year by 2027.

- Type: New facility
- Announced: 2023-04-28
- Where: Crolles, France, France
- Value: $8.15B (7.40B EUR)
- Starts operating: 5 Jun 2023
- Status: announced
- Capacity: 620,000 wafers per year (300mm diameter)
- Products: high-performance chips, FD-SOI technology
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [GlobalFoundries](https://endata.com/companies/664.md)
- [STMicroelectronics](https://endata.com/companies/21952.md)

## Sources

- [design-reuse-embedded.com](https://www.design-reuse-embedded.com/news/202305018/state-aid-commission-approves-french-measure-to-support-stmicroelectronics-and-globalfoundries-to-set-up-new-microchips-plant/), 2023-04-28: "The European Commission has approved, under EU State aid rules, a French aid measure to support STMicroelectronics and GlobalFoundries in the construction and operation of a new microchips manufacturing facility in France."
- [reuters.com](https://www.reuters.com/technology/stmicroelectronics-globalfoundries-win-eu-approval-french-chip-factory-2023-04-28/), 2023-04-28: "Chipmakers STMicroelectronics and GlobalFoundries secured EU approval on Friday to build a chip factory with French state aid in France."
- [presse.economie.gouv.fr](https://presse.economie.gouv.fr/05062023-bruno-le-maire-annonce-le-debut-de-la-production-de-la-mega-usine-de-semi-conducteurs-portee-par-globalfoundries-et-stmicroelectronics-a-crolles-et-signe-le-contrat-daide-de-letat-au-projet/), 2023-06-05: "Bruno Le Maire a annoncé ce jour le début de la production de la nouvelle usine de composants semi-conducteurs, portée par les deux entreprises à Crolles."
- [gf.com](https://gf.com/news-and-events/news/globalfoundries-and-stmicroelectronics-finalize-agreement-for-new-300mm-semiconductor-manufacturing-facility-in-france/), 2023-06-05: "GlobalFoundries Inc. and STMicroelectronics announced today the conclusion of the agreement to create a new, jointly-operated, high-volume semiconductor manufacturing facility in Crolles (France)."
- [newsroom.st.com](https://newsroom.st.com/media-center/press-item.html/c3185.html), 2023-06-05: "GlobalFoundries Inc. and STMicroelectronics announced today the conclusion of the agreement to create a new, jointly-operated, high-volume semiconductor manufacturing facility in Crolles (France)."

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