{"id":962687,"date":"2025-09-18T17:32:24","date_gmt":"2025-09-18T12:02:24","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=962687"},"modified":"2025-09-18T19:41:33","modified_gmt":"2025-09-18T14:11:33","slug":"stmicro-to-invest-60-million-in-french-plant-facing-restructuring","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2025\/09\/18\/stmicro-to-invest-60-million-in-french-plant-facing-restructuring\/","title":{"rendered":"STMicro to invest $60 million in French plant facing restructuring"},"content":{"rendered":"<p>Chipmaker STMicroelectronics on Wednesday announced a $60 million investment for its plant in Tours, France, where it plans to develop a pilot line for advanced semiconductor manufacturing technology.<\/p>\n<p>The Franco-Italian firm said it will develop the next generations of an advanced process at the plant. It has been moving older chipmaking lines away from Tours amid a major restructuring announced last October.<\/p>\n<p>&#8220;This program is focused on advanced manufacturing infrastructure and brings redefined missions for some sites in France and Italy to support their long-term success,&#8221; STMicro said in a statement. <\/p>\n<p>STMicro, one of Europe&#8217;s largest chipmakers, is carrying out a cost-cutting plan after a multi-year-long downturn hit its main markets, planning job cuts in plants such as Tours that have sparked opposition from unions and stakeholders. <\/p>\n<p>The Italian and French governments own a combined 27.5% share in the chipmaker through a holding company.<\/p>\n<p>The new technology, called Panel-Level Packaging (PLP), allows STMicro to manufacture chips on a large square panel, instead of small circular silicon wafers.<\/p>\n<p>The company currently uses the technology for one customer at its plant in Muar, Malaysia, where it manufactures over five million chips a day, it said. <\/p>\n<p>PLP cuts a number of manufacturing steps chipmakers typically make in Asia, where fabrication costs are lower, allowing them to be made in Europe due to economies of scale and greater automation. <\/p>\n<p>The chipmaker expects the pilot line to be operational in the third quarter of 2026.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Chipmaker STMicroelectronics on Wednesday announced a $60 million investment for its plant in Tours, France, where it plans to develop a pilot line for advanced semiconductor manufacturing technology. The Franco-Italian firm said it will develop the next generations of an advanced process at the plant. It has been moving older chipmaking lines away from Tours amid a major restructuring announced last October. &#8220;This program is focused on advanced manufacturing infrastructure and brings redefined missions for some sites in France and Italy to support their long-term success,&#8221; STMicro said in a statement. STMicro, one of Europe&#8217;s largest chipmakers, is carrying out [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[7],"tags":[],"class_list":["post-962687","post","type-post","status-publish","format-standard","hentry","category-it-2"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/962687","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=962687"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/962687\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=962687"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=962687"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=962687"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}