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Italian support for Silicon Box chip factory wins EU approval

( December 18, 2024, 14:03 GMT | Official Statement) -- MLex Summary: Italy’s plan to grant 1.3 billion euros of state support to Singaporean chipmaker Silicon Box to build a factory in the northern city of Novara has received EU state aid approval. The European Commission said the support would strengthen Europe's “security of supply, resilience and technological autonomy in semiconductor technologies” in line with the objectives of the Chips Act....

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