Robert Besser
25 Jan 2023, 13:52 GMT+10
FRANKFURT, Germany: German media has reported that American power chipmaker Wolfspeed Inc is planning to build a factory in Germany, at a cost of $2.17 billion.
The German auto supplier ZF will hold a minority stake in the factory, and production should begin in four years at the site in the small southwest German state of Saarland, the report added.
In 2022, Intel announced that Magdeburg, Germany, would be the site of its new mega chip manufacturing complex, part of its $88 billion investment in Europe.
Get a daily dose of Greek Herald news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Greek Herald.
More InformationWASHINGTON D.C.: A report released this week detailed how, in January, layoffs in the US reached a more than two-year ...
LONDON, England: Energy giant Shell Oil has announced a record profit of nearly $40 billion in 2022, capping an eventful ...
SANTA CLARA, California: One week after Intel forecasted lower-than-expected sales caused by a loss of market share to rivals and ...
WASHINGTON D.C.: As part of a wider policy drive to increase competition in consumer markets, President Joe Biden has announced ...
WASHINGTON D.C.: The Biden administration has stopped issuing export licenses to US companies seeking to ship most items to China's ...
FRANKFURT, Germany: Data released this week showed that the German economy unexpectedly shrank in the fourth quarter of 2022, indicating ...
ABU DHABI, 6th February, 2023 (WAM) -- President His Highness Sheikh Mohamed bin Zayed Al Nahyan has directed the establishment ...
A powerful 7.8-magnitude earthquake early Monday killed more than 1,700 people in Turkey and Syria and set off a search ...
The quake was felt in Greenland and triggered a tsunami warning in Italy, while causing shaking in Egypt, Israel and ...
Ankara [Turkey], February 6 (ANI): Second powerful earthquake hit Turkey on Monday with a magnitude of 7.5 after 912 people ...
A powerful 7.8-magnitude earthquake early Monday killed more than 1,500 people in Turkey and Syria and set off a search ...
Some of the world's most deadly earthquakes in the past two decades are listed below, after a 7.8 magnitude quake ...