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eu-chips-act-boosts-finlands-semiconductor-sector-with-e32m-pilot-funding
© VTT
eu-chips-act-boosts-finlands-semiconductor-sector-with-e32m-pilot-funding
© VTT

EU Chips Act boosts Finland’s semiconductor sector with €32m pilot funding

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The Public Authorities Board of the Chips Joint Undertaking (EU Chips Act) has allocated €32m of funding to support two pilot projects that will boost semiconductor chip development and innovation.

Funding for the two pilots, FAMES and NacoIC, which will develop new semiconductor lines and processes, was confirmed today (3rd Oct).

VTT, a research, development, and innovation business, will support the realisation of the sites and has said it will use its share of the funding to purchase equipment for a cleanroom to be built in Espoo.

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