The EU Commission has approved German funding of 920 million euros for a semiconductor work of the company Infineon in Dresden. The aid agreed with the goals of the European Chip Act, the Brussels authority said on Thursday. This is supposed to become more independent of manufacturers in Asia and the USA. Infineon said in Munich that the official funding commitment of the Federal Ministry of Economics was still pending. But she is “expected in the next few months”. The House of Robert Habeck (Greens) said that the funding is now being “finalized”. Year begins. Auto industry or the area of renewable energies. The state capital is to create around a thousand additional jobs. “The Infineon project at the Dresden location Strengthens the chip supply in Germany and Europe and reduces critical dependencies in a high technology area, “said Minister of Economics Habeck. At the same time, it shows “that Germany is an attractive and competitive location for investments in highly innovative technologies such as microelectronics”.
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