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06 Oct
15:04

EU funds Italian wafer plant amid semiconductor shortage

The European Commission is to finance the construction of STMicroelectronics’ Silicon Carbide (‘SiC') wafer plant in the semiconductor value chain in Catania, Sicily. The EU aims to localise component supply for the European automotive sector following the past year’s components shortage, Kallanish learns from the Commission. Earlier this week, the EU approved the €292.5 million ($289.1m) Italian semiconductor feedstock grant through the…
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