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ams OSRAM has received European Commission approval for an investment grant of up to €227 million under the European Chips Act for a new semiconductor manufacturing facility in Premstaetten, Austria. The company plans to invest €567 million in total by 2030, when full production is expected to begin.
“The financing is part of ams OSRAM's important investments in Austria in new generations of innovative microchips for medical and automotive applications.”ams-osram.com
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