IMEC to receive €1.5 billion for clean room expansion
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European research centre IMEC is set to receive €1.5 billion (about US$1.6 billion) from the European Union and the Flemish government to prepare its clean room for 1nm and sub-1nm research.
IMEC has already signed a deal with ASML to bring in the latest lithography equipment for a sub-1nm pilot line (see IMEC, ASML team for pilot line for sub-1nm development)
IMEC has now signed a Letter of Intent the Flemish government. The Flemish government will provide up to €750 million under the European Chips Act. It is understood that the European Union will provide another €750 million.
“Throughout the past decade, over €300 million of investments from the flagship programmes Horizon 2020 and then Horizon Europe have gone to IMEC. And now, we are basically opening a new chapter with the Chips Act. We want to make Europe a leader in global semiconductor research, design, testing and production.”
IMEC was visited by European Commission President Ursula von de Leyen, Belgian Prime Minister Alexander De Croo, Flemish minister-president Jan Jambon and Flemish Minister of Innovation Jo Brouns on Friday July 7. ASML CEO Peter Winninck was in attendence.
“We know we will get our money back, not only in euros but also in societal dividend,” Flemish minister-president Jan Jambon is reported saying at a joint press conference.
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