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Global Trade Alert

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France: Direct grant to STMicroelectronics and GlobalFoundries for the construction of a microchip plant

Description

On 27 April 2023, the European Commission approved a financial grant measure from France supporting GlobalFoundries for the set up of a microchip plant. The aid will take the form of direct grants to ...

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Intervention Details

Intervention Type

Financial grant

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

27 Apr 2023

Revocation date

No revocation date

Implementation level

NFI

Affected flow

Inward

Announced as temporary

No

Eligible firms

firm-specific

Affected Trading Partners

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Affected Sectors

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Affected Products

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