Electronics Production |
ST to add 650 French jobs
Chip manufacturer STMicroelectronics is to invest around $1.25 billion in its Crolles facility (France) by 2012 and create around 650 new jobs.
The investment - supported by the French government - will create around 650 R&D and production jobs at the company's French facility in Crolles. STmicro is to receive around €340 million in funds from France - as part of its Nano2012 project, reports Reuters.