"There is no more money available in the budget," the newspaper quoted Lindner as saying in an interview. "We are trying to consolidate the budget right now, not expand it."
The company was due to receive 6.8 billion euros in government support for its fabrication plant in Germany. However, due to higher energy and construction costs, it is now demanding about 10 billion euros, the newspaper reported.announced last year it had picked the central German city of Magdeburg for a new chip-making complex as a part of an $88 billion investment drive across Europe, which included boosting a factory in Ireland, a packaging and assembly site in Italy and setting up a design and research facility in France.
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Source: Reuters - 🏆 2. / 97 Read more »