Silicon Box to build €3.2 billion Italian chiplet factory
By Peter Clarke, eeNews Europe (March 11, 2024)
Singapore startup Silicon Box Pte. Ltd. will spend €3.2 billion (about US$3.5 billion) building a chiplet packaging factory in northern Italy, newswires quote Industry Minister Adolfo Urso saying Monday morning.
The plant is expected to create 1,600 jobs when operating at full capacity.
The minister did not expound on how large a subsidy the authorities would provide or where the money would come from. Nor was the location of the plant given.
“Recent global upheavals highlight the need to build a more resilient supply chain for semiconductors in Europe,” Urso is quoted saying by Bloomberg and Reuters.
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