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Germany, Wolfspeed
Wolfspeed Shelves Plans to Build Chip Factory in Germany
Wolfspeed has shelved plans to build a semiconductor factory in Ensdorf, Germany, due to slower electric vehicle adoption, the U.S. chipmaker said on Wednesday. The chipmaker said in June it had delayed plans to build the $3 billion plant,
Germany’s chip ambitions hit after US tech group shelves plans for plant
Chancellor Olaf Scholz’s ambitions to turn Germany into a powerhouse in the chip industry have suffered a fresh blow after US tech company Wolfspeed shelved plans to build a factory in the country, prompting the opposition to claim his industrial policy was in tatters.
Wolfspeed has responsibility for German chip plant project, ZF says
U.S. chipmaker Wolfspeed is responsibile for the microchip manufacturing project planned in western Germany, automotive supplier ZF said on Tuesday, after an industry source said the German company intends to withdraw from the plan.
Wolfspeed and ZF put German chip factory on ice
US chipmaker Wolfspeed and the auto supplier ZF have put plans for a semiconductor factory in Germany on ice, local officials said Wednesday, striking another blow to Berlin's chipmaking ambitions.
NC-based Wolfspeed puts plans for German semiconductor plant on hold
The Durham-based company announced the project in 2023. It partnered with German auto parts maker ZF to construct the plant in the western state of Saarland, close to Germany’s border with Luxemburg and France.
Britain and Germany sign new defence agreement
UK and Germany sign 'landmark' defence agreement
Britain and Germany have signed what the UK government is calling a "landmark defence agreement" aimed at boosting security, investment and jobs. Under the agreement, German defence company Rheinmetall will open a new factory in the UK to manufacture barrels for artillery guns – supporting 400 jobs.
Britain and Germany sign new defence agreement as Ukraine tensions rise
Britain and Germany signed a landmark defence agreement on Wednesday and pledged to co-operate on exercises on NATO's eastern flank as they stressed the need for Europe to be able to defend itself given possible escalation in the war in Ukraine.
Britain and Germany sign defense pact to counter Russia’s growing threat
Officials say German submarine-hunting planes will patrol the North Atlantic from a base in Scotland under a new Britain-Germany defense pact in response to the growing threat from Russia.
Germany Is Courting India
Germany Looks to India to Revive Sagging Economy
Welcome to the Brussels Edition, Bloomberg’s daily briefing on what matters most in the heart of the European Union.
Germany Bets on India to Reduce Reliance on China
Chancellor Olaf Scholz leads a high-level delegation to New Delhi this week, betting that greater access to the vast Indian market can reduce Germany's reliance on Beijing even if India does not turn out to be the "new China".
Germany Is Courting India as Ties With China Sour: What to Watch
Germany is trying to cultivate India as a source of trade and geopolitical support as its deteriorating relations with China cast a pall over the country’s economic future. Most Read from BloombergCli
10h
on MSN
Trump presidency could deal heavy blow to Germany's flagging economy
Germany would be the big loser if a Trump presidency sparked a tit-for-tat trade war between the United States and Europe, ...
2h
Selection headaches as England meet Germany again
England manager Sarina Wiegman has selection headaches as the Lionesses meet Germany for the first time since the Euro 2022 ...
2h
on MSN
Machine Gun Kelly to Perform During Halftime at the NFL's Giants-Panthers Game in Germany
The NFL has announced that Grammy-nominated artist Machine Gun Kelly (MGK) will headline the halftime performance at the ...
2d
Germany identifies its first case of new mpox variant
Germany has detected its first case of the new mpox variant, the Robert Koch Institute for public health said on Tuesday, ...
The Economist
1d
Germany’s populist superstar demands peace with Russia
The holder of a doctorate in microeconomics, she strongly backs Germany’s industrial model and its backbone of the ...
1d
Britain and Germany will sign a defense pact to counter Russia’s growing threat
Officials say German submarine-hunting planes will patrol the North Atlantic from a base in Scotland under a new ...
1d
Germany's Habeck lays out plan to boost economy, calls for investment fund
German Economy Minister Robert Habeck wants to remedy weak growth in Europe's largest economy with a debt-financed investment ...
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