Germany plans to allocate 22 billion euros to support the semiconductor industry
Views：116Published：2023/7/26
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According to Bloomberg News, in order to ensure the supply of key components, the German government plans to allocate 20 billion euros to support the semiconductor manufacturing industry, hoping to support the country's technology industry as global geopolitical tensions intensify.
The money will be allocated to German and international companies until 2027 and will be drawn from the Climate and Transformation Fund, the report quoted people familiar with the matter as saying.
Looking specifically at the allocation of 20 billion euros, the German government has agreed to provide Intel's German factory with a subsidy of 10 billion euros, which is equivalent to one-third of the total investment in the new factory, and will provide TSMC with about 5 billion euros in subsidies for the construction of the new factory , which is equivalent to half of the total investment in the factory. As for Infineon, it is expected to receive a subsidy of 1 billion euros, accounting for about 20% of the total investment in the new factory. As for the remaining 5 billion euros, it is estimated that Infineon and Bosch may be potential beneficiaries.
Reposted from: International Electronic Commerce, automatically translated by Google
