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A Whopping €1 Billion! STMicroelectronics Secures Credit Line Deal with European Investment Bank
2025-12-11 /
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Author：小编
On December 11, STMicroelectronics made a public announcement that it had successfully entered into a credit line agreement worth €1 billion (equivalent to roughly US$1.2 billion) with the European Investment Bank. Out of this total amount, an initial sum of €500 million is earmarked for bolstering its chip research and development endeavors, as well as facilitating large - scale production operations in Italy and France. Specifically, 60% of this initial fund will be channeled towards improving manufacturing capabilities, while the remaining 40% will be dedicated to research and development.
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