English
European bank loans ST $470 million
Peter Clarke, EETimes
9/28/2010 11:05 AM EDT
LONDON – The European Investment Ban k (EIB) has signed a 350 million euro (about $470 million) loan contract with STMicroelectronics NV in support of the company's industrial and R&D concerning next-generation semiconductor circuits.
The EIB is the bank of the European Union. Its remit is to provide mainly long-term loans to support viable private or public investment projects that realise the objectives of EU integration, cohesion and development.
|
E-mail This Article | 
|
|
Printer-Friendly Page |
|
||||||
Related News
- Intrinsic ID Secures EUR 11 Million Loan from European Investment Bank
- EnSilica Secures €2.13 Million European Space Agency Development Contract
- QuickLogic Announces $6.575 Million Contract Award for its Strategic Radiation Hardened Program
- QuickLogic Announces $5.26 Million Contract Award
- VSORA to Receive $13.18 Million in Funding from the European Innovation Council Accelerator Program
Breaking News
- JEDEC® and Industry Leaders Collaborate to Release JESD270-4 HBM4 Standard: Advancing Bandwidth, Efficiency, and Capacity for AI and HPC
- BrainChip Gives the Edge to Search and Rescue Operations
- ASML targeted in latest round of US tariffs
- Andes Technology Celebrates 20 Years with New Logo and Headquarters Expansion
- Creonic Unveils Bold Rebrand to Drive Innovation in Communication Technologies
Most Popular
- Cadence to Acquire Arm Artisan Foundation IP Business
- AMD Achieves First TSMC N2 Product Silicon Milestone
- Why Do Hyperscalers Design Their Own CPUs?
- Siemens to accelerate customer time to market with advanced silicon IP through new Alphawave Semi partnership
- New TSN-MACsec IP core for secure data transmission in 5G/6G communication networks