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Grant will be used for its semiconductor manufacturing facility in Austria.
February 25, 2025
By: DAVID SAVASTANO
Editor, Ink World Magazine
The European Commission approved funding for a semiconductor manufacturing facility for ams OSRAM AG under the European Chips Act. The official funding approval from the Austrian Ministry of Economy and Labor, which is responsible for the payment of the funding, is now expected shortly. ams OSRAM plans to use the funding of up to €227 million approved by the European Commission to sustainably strengthen the development and production site in Premstaetten. In total, the company plans to invest...
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