ST-GloFo fab plan shelved

The ST-Globalfoundries plan to build a joint FD-SOI 12 inch fab at Crolles is, reportedly, on hold.

By David Manners, ElectronicsWeekly (January 21, 2025)

The €7.5 billion project was awarded €2.9 billion of EU subsidies in May 2023.

No reason has been given for pausing the plan, but speculation points to four issues