GE Hungary, a subsidiary of General Electric, has won a €793 million contract to manufacture and supply turbines for two new reactors at the Paks nuclear power plant in Hungary.
GE Hungary, a subsidiary of General Electric, has won a €792.8 million ($970 million) contract to manufacture and supply turbines for the Paks 5&6 nuclear power plant in Hungary. The contract was awarded by Rosatom's engineering subsidiary ASE Group.
Qualcomm Technologies and ASE Group, with Brazilian government agencies, will invest $200 million to build a semiconductor chip manufacturing plant in Campinas, Brazil, creating 1,200 jobs.
Qualcomm, ASE Group and the Brazilian government signed a memorandum of understanding to form a joint venture to build a high-capacity semiconductor factory in Brazil, with a planned investment of US$200 million.