France is investing €2.9 billion in the construction of a STMicroelectronics microchip factory

The French government is investing €2.9 billion (about $3.1 billion) in the construction of a microchip factory by STMicroelectronics and GlobalFoundries. This is reported by France24. Both the US and the EU, as part of countering China’s global dominance of the microelectronics market, protecting supply chains and their own manufacturers, ... Read more