Image: Raw Pixel
Plant will benefit from €2 billion in aid from Italian government
Multinational semiconductor giant STMicroelectronics has announced it will construct a second microchip manufacturing plant in Catania, Sicily, at a total cost of €5 billion, €2bn of which will come from the Italian state.
The high-volume manufacturing facility for power devices and modules, among other segments of the microchip value chain, will be built alongside another facility currently being prepared, to form what the company is calling a silicon carbide campus.
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