According to the European Commission on Tuesday, it has approved 5 billion euros ($5.5 billion) in German state aid to support a new microchip plant in Dresden for the European Semiconductor Manufacturing Company (ESMC). It is the biggest state subsidy granted under the EU Chips Act and Germany's first.
According to the European Commission on Tuesday, it has approved 5 billion euros ($5.5 billion) in German state aid to support a new microchip plant in Dresden for the European Semiconductor Manufacturing Company (ESMC). It is the biggest state subsidy granted under the EU Chips Act and Germany's first.