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Singapore Startup To Invest €3.2 Billion in Italy Chips Factory

Semiconductors startup Silicon Box will invest €3.2 billion ($3.5 billion) in Italy to build a chip factory in the north of the country, Industry Minister Adolfo Urso said Monday.“Recent global upheavals highlight the need to build a more resilient supply chain for semiconductors in Europe,” Urso told reporters. The chiplet production plant is expected to generate 1,600 jobs at full capacity....

Read more at bloomberg.com

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