EU Backs €319 Million for Austria’s Next Generation Chip Factory

The European Union has approved €319 million in Austrian state aid for Infineon Technologies to upgrade its semiconductor plant in Villach, Carinthia, into what the company says will be the world’s first high-volume factory for next-generation power chips. The grant will help fund a €1.1 billion modernization of the Villach site. Infineon plans to produce […]

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France Tightens Security Ahead of Saturday’s Nationwide Protests

PARIS, Friday: France is preparing for a tense Saturday as the government strengthens security measures ahead of nationwide demonstrations. Police trainees nearing the end of their training will join security efforts, while thousands of officers and specialised units are expected to be deployed across the country, reported by The Nation. According to broadcaster BFMTV, the […]

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