Global Trade Alert
Global Trade Alert

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

Announcement

27 Apr 2023

In April 2023, the European Commission approved two direct grants in favour of STMicroelectronics and GlobalFoundries to build and operate a microchip plant. 

Source

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Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

27 Apr 2023

Revocation date:

No revocation date

Updated: 27 Apr 2023
Financial grant In force

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...

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Updated: 27 Apr 2023
Financial grant In force

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

Sign in to see more

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