Two months after Intel shelved its plan to build a 30 billion euro (32 billion dollars) chip factory in Magdeburg, the German government is preparing to invest billions of euros in the country's semiconductor industry. Annika Einhorn, a spokesperson for the German Ministry of Economic Affairs, stated in a declaration on Thursday that the new funds will be provided to chip companies to develop modern production capabilities significantly exceeding the current advanced level.
德国政府计划提供约20亿欧元的新芯片补贴
The German government plans to provide approximately 2 billion euros in new subsidies for semiconductors.
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