Published: May 25th, 2022,
Last updated: December 21st, 2022
The traffic light coalition is massively increasing funding for the semiconductor industry in Germany. The Bundestag’s budget committee approved funds of €17.23 billion for microelectronics projects in the clean-up session at the end of last week, as a spokeswoman for the Federal Ministry of Economic Affairs and Climate Change (BMWK) confirmed in response to an inquiry from Europe.Table. Of this amount, €3.15 billion are to flow this year and €14.08 billion in subsequent years until 2028.