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ST to build two new 300mm fabs
ST is to build two new 300mm fabs costing $3.63 billion according to Usine Nouvelle.
By David Manners-Electronics Weekly, Oct. 11, 2017 –
ST will look for funding for the fabs from the French and Italian governments which own 27.5% of the company.
The fabs will be located in Agrate and Crolles.
ST has not built a 300mm fab since 2002 went it built Crolles 2 with Motorola and Philips. Motorola (later Freescale) and Philips pulled out of the collaboration in 2007.
In 2004, under former CEO Pasquale Pistorio, ST built a 300mm fab shell in Catania but it was never equipped.