Germany has €14 billion for chipmakers, says minister

Germany has €14 billion for chipmakers, says minister

Business news |
Germany’s Economy Minister Robert Habeck says his country has €14 billion (about US$14.8 billion) to support chipmakers, according to Reuters. Habeck added that there would more examples like Intel setting up in Magdeburg to come. Leading chipmaker Intel Corp. has agreed to build two fabs at a cost of €17…
By Peter Clarke

Share:

Germany’s Economy Minister Robert Habeck says his country has €14 billion (about US$14.8 billion) to support chipmakers, according toReuters.

Habeck补充说,将在Magdeburg设置Intel设置之类的例子。

Leading chipmaker Intel Corp. has agreed to build two fabs at a cost of €17 billion in Magdeburg, Eastern Germany, with state support (seeGermany plans to pay €5 billion towards Magdeburg fabs).

Attracting more chipmakers is important because a global and long-running chip supply shortage, affecting everything from smartphones to automobiles, has become a massive problem for the German economy,Reutersquoted Habeck saying at gathering of family-owned businesses in Hanover.

Who else?

目前尚不清楚是否有140亿欧元的资金已经承诺要给英特尔。即使是其他,英特尔也可能也希望利用这笔钱。

While announcing the plan to build two fabs in Magdeburg, Pat Gelsinger, CEO of Intel, said more money was required to make the “project competitive.” Previously Intel had indicated it is looking for a €10 billion support package (seeIntel seeks $10 billion subsidy for ‘EuroFab’).

Meanwhile the European Commission has been laying out plans to encourage chip manufacturing in Europe as a part of a strategic plan to raise Europe’s share of the global chip market (see欧洲芯片行动可能包括欧盟反对势力trol).

哈贝克说,还有其他例子,例如马格德堡,而无需细节。

It is expected that Globalfoundries and Bosch – already present in Dresden, Germany – will be supported in expanding their operations. However, these companies do not operate at the leading-edge in terms of miniaturization. The European Commission is believed to have courted the world’s two leading foundries Samsung and TSMC for inward investment without success so far.

Related links and articles:

Germany plans to pay €5 billion towards Magdeburg fabs

Opinion: Full-fat finance is missing from Intel’s European plan

Intel confirms German fabs as part of €80bn European investment

欧洲芯片行动可能包括欧盟反对势力trol

Report: Intel selects Magdeburg for German wafer fab

Intel set to buy foundry Tower for $5.4 billion

ST, Tower to share 300mm Agrate fab

Italy, Poland woo Intel for ‘chiplet’ packaging plant

Linked Articles
eeNews Analog
10s
Baidu