French President Macron to announce 5 bln euros boost for electronics sector

PARIS, July 11 (Reuters) – French President Emmanuel Macron will announce later on Monday a 5 billion euro ($5.06 billion) investment plan to boost the country’s microelectronics and semiconductor sector, said Macron’s office.

Macron’s department added that he would also visit the Crolles site of the new STMicroelectronics  and Global Foundries  plant. His department said the Crolles site represented an investment of more than 5.7 billion, without specifying the currency to which it referred.

Discover more from The Dispatch

Subscribe now to keep reading and get access to the full archive.

Continue reading

Verified by MonsterInsights