Robert Besser
25 Jan 2023, 13:52 GMT+10
FRANKFURT, Germany: German media has reported that American power chipmaker Wolfspeed Inc is planning to build a factory in Germany, at a cost of $2.17 billion.
The German auto supplier ZF will hold a minority stake in the factory, and production should begin in four years at the site in the small southwest German state of Saarland, the report added.
In 2022, Intel announced that Magdeburg, Germany, would be the site of its new mega chip manufacturing complex, part of its $88 billion investment in Europe.
Get a daily dose of Nigeria Sun news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Nigeria Sun.
More InformationTOKYO, Japan: In light of a tense security environment following Russia's invasion of Ukraine and Moscow's growing military cooperation with ...
DALLAS, Texas: Oil and gas pipeline operators are preparing to stockpile equipment following severe weather forecasts for the next few ...
WASHINGTON D.C.: As US lawmakers investigate the Chinese-owned video-sharing app TikTok, its Chief Executive, Shou Zi Chew, has confirmed that ...
TEHRAN, Iran: A gunman this week stormed the Azerbaijan Embassy in the Iranian capital, Tehran, and killed its security chief ...
WASHINGTON, DC - FBI agents on Wednesday searched for classified documents at U.S. President Joe Biden's vacation retreat in the ...
WASHINGTON D.C.: The White House said this week that Tesla Chief Executive Elon Musk met with John Podesta, a Democratic ...
TRIPOLI, Libya: Italian prime minister Giorgia Meloni held talks on energy and migration in Libya this weekend, which are major ...
Hank Lebioda piled up nine birdies to shoot an 8-under-par 63 and take the first-round lead at the ATT Pebble ...
juba, south sudan - The embassies of Britain, Norway, and the United States have expressed grave concerns about possible new ...
On the third day of his trip to Africa, Pope Francis told leaders of the Catholic Church in the Democratic ...
Blantyre, Malawi - Malawi has suspended the head of its Anti-Corruption Bureau over a leaked audio clip that where she ...
Patrick Mahomes didn't mince words on Thursday when asked about the importance of having two Black quarterbacks start a Super ...