PARIS (Agefi-Dow Jones)–Semiconductor manufacturers STMicroelectronics and GlobalFoundries announced on Monday the signing of a memorandum of understanding to build a new production unit for a wide range of technologies in France. , representing an investment of several billion euros.
“This major investment over several years aims not only to produce semiconductors in advanced technologies in Europe, but also to support the leadership and resilience of European technological ecosystems, from R&D to high-volume production”, said the two companies said in a statement. Thus, STMicroelectronics and GlobalFoundries intend to “meet European and global customer demand for additional capabilities in complex and advanced technologies to serve key end markets, such as automotive, industrial, IoT and infrastructure. communication”.
Their new production unit will be adjacent to STMicroelectronics’ existing 300 mm semiconductor manufacturing plant in Crolles, near Grenoble. This new unit should reach its full capacity by 2026 to produce up to 620,000 300 mm wafers per year.
-Dimitri Delmond, Agefi-Dow Jones; 01 41 27 41 37; [email protected] ed: LBO
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July 11, 2022 01:21 ET (05:21 GMT)