PARIS, June 5 (Reuters) - France said on Monday it will provide 2.9 billion euros ($3.10 billion) in state aid to help support an investment of 7.5 billion euros that chipmakers STMicroelectronics and GlobalFoundries (GFS.O) are making to build a semiconductor factory in Crolles, southeastern France.
The 2.9 billion euros are part of the 5.5 billion euros package France has set aside for its investments in the microchip sector by 2030, he added.
On April 28, STMicroelectronics and GlobalFoundries secured EU approval to build the Crolles chip factory with French state aid.
France overall aims to create 10,000 new jobs in the semiconductor sector by 2030.
($1 = 0.9352 euros)Reporting by Dominique Vidalon; Editing by Sudip Kar-Gupta; Editing by Benoit Van OverstraetenOur Standards: The Thomson Reuters Trust Principles.
Persons:
Bruno Le Maire, GlobalFoundries, Dominique Vidalon, Sudip Kar, Benoit Van Overstraeten
Organizations:
Finance, European Union, EU, America, Thomson
Locations:
France, Crolles, United States, U.S