Global Trade Alert
Global Trade Alert

Italy: EUR 1.3 billion to support Singapore's Silicon Box in setting up a new semiconductor facility

Announcement

17 Dec 2024

In December 2024, the European Commission approved a state aid measure to support Silicon Box in the construction of a semiconductor advanced packaging and testing facility in Novara, Italy.

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Number of interventions

2

1 certainly harmful

0 likely harmful

1 liberalising

List of interventions

2 in force

Implementation date

17 Dec 2024

Revocation date:

No revocation date

Financial grant In force

On 17 December 2024, the European Commission approved a EUR 1.3 billion (USD 1.36 billion) direct grant to support Silicon Box's construction of a semiconductor advanced packaging and testing facility...

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Implementation date

17 Dec 2024

Revocation date:

No revocation date

FDI: Financial incentive In force

On 17 December 2024, the European Commission approved EUR 1.3 billion (USD 1.36 billion) in financial incentives to support Silicon Box's investment in a new semiconductor plant in northern Italy unde...

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