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Politics : Formerly About Applied Materials
AMAT 259.21-4.0%Dec 12 9:30 AM EST

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To: Big Bucks who wrote (9534)10/25/1997 2:06:00 AM
From: Gottfried  Read Replies (1) of 70976
 
Big Bucks, government subsidies for fabs are discussed
in a new CMP article...

Subsidies Are Becoming The
Name Of The Game
(10/24/97; 5:00 p.m. EDT)
By J. Robert Lineback, Semiconductor Business News

techweb.com

Excerpt:
Government grants and subsidies certainly played a key
role in AMD's decision to build its first offshore
wafer-processing plant in Dresden, Germany. The chip
maker negotiated guaranteed bank loans and $550
million in grants and subsidies
from the governments of
Germany and Saxony. It will build an 8-inch wafer fab
to turn out AMD's K7 microprocessors beginning in
early 1999. During the next 10 years, $1.9 billion in
investments are earmarked for the Dresden site, which
could also be expanded.


GM
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