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The European Commission has approved a €7.4 billion subsidy for the joint venture between STMicroelectronics and GlobalFoundries to build an FD-SOI fab in Crolles, France.
“The EC has approved a €7.4 billion subsidy for ST and GloFo’s jv FD-SOI fab at Crolles.”design-reuse.com
Summarized from public sources; check the original articles before acting on it.