(Tiper Stock Exchange) – The European Union and the Flemish regional government they will invest 1.5 billion euros in the Belgian chip technology company Imecwhich will use the investment to expand and modernize its “clean room“, a very large facility where silicon wafers are made into chips.
“We want to make Europe a global leader in semiconductor research, design, testing and manufacturing,” said the European Commission president. Ursula von der Leyen – The Chips Act it will only formally go into effect this fall, but it is already generating tremendous momentum.”
“Since we proposed the European Chips Act in February last year, they have been announced more than 90 billion euros of industrial investments in Europe – he explained – for example, 12 billion euros for a semiconductor packaging and testing plant in Poland, 30 billion euros for two unique factories in Magdeburg, Germany. But we also see investments in Dublin, Catania, Grenoble and Dresden.”