STMicroelectronics and GlobalFoundries secure EU approval to build chip factory in France – report

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The new facility, which will be built next to STMicroelectronics' existing plant in Crolles, France, is expected to be fully operational by 2026

According to a report published by Reuters on April 28, STMicroelectronics and GlobalFoundries has secured EU approval to build a chip factory with French state aid in France.

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