Local governments in the United States as well as countries in Asia have offered incentives to chipmakers as they plan where to build a new generation of fabrication plants, or fabs, expected to cost over $10 billion each. Manocha said that if he goes to Asia, they will roll out the red carpet for us, they'll do lots of subsidies. The State of New York also does a good job.
Europe apparently just has a regionally appointed rude French person to say “Non” all the time it is starting to hack Manocha off. It is not just GloFlo who would benefit. If the EU pulled finger on funding, it could score more business from Intel which has a fab in Germany and STMicroelectronics.
Globalfoundries pushing EU to offer incentives to chip makers
Posted on Wednesday, December 12 2012 @ 12:13 CET by Thomas De Maesschalck