European semi companies ask EU for $11.7bn

 The European semiconductor industry has asked the EU for $11.7 billion for R&D over the next seven years. 11 organisations, including Soitec, ST, X-FAB, Bosch, GlobalFoundries, United Monolithic Semiconductors, Infineon, ASML  Fraunhofer,  CEA-Leti and Imec, have submitted a proposal to EU digital affairs commissioner Mariya Gabriel called ‘Rebooting Electronics Value Chains in Europe’. It argues ...

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