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STMicroelectronics signed a development agreement with the Italian Ministry of Enterprises and Made in Italy for a €5 billion investment in its Catania site. The project includes a new integrated front-end and back-end facility for 200mm silicon carbide device production, with total investment exceeding €5.7 billion including a previously announced €730 million substrate plant.
“La realizzazione del programma prevede investimenti per 5 miliardi di euro nel periodo 2023-2037”mimit.gov.it
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