EU approves $960 million in German aid for Infineon chips plant
Voice of America
FILE - German Economy Minister Robert Habeck and Foreign Minister Annalena Baerbock wear protective suits during their visit to the semiconductor manufacturer of Infineon Technologies AG in Dresden, Germany, July 13, 2023.
The European Commission said Thursday it had approved 920 million-euro of German state aid, or $960 million, to Infineon Technologies for the construction of a new semiconductor manufacturing plant in Dresden.
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FILE - German Economy Minister Robert Habeck and Foreign Minister Annalena Baerbock wear protective suits during their visit to the semiconductor manufacturer of Infineon Technologies AG in Dresden, Germany, July 13, 2023.
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