The European Commission announced on December 18 that it had approved a €1.75 billion plan first tabled by France, Germany, Italy, and the UK to contribute to the financing of a joint research and innovation project in the microelectronics sector, a project that will include roughly 29 companies and research organisations, according to the EU's Competition Commissioner Margrethe Vestager.

"Microelectronics can be found in almost all electronic devices we use every day,” said Vestager, who add...


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