All posts tagged: 288m

EU greenlights €288m to strengthen semiconductor supply chain

EU greenlights €288m to strengthen semiconductor supply chain

The European Commission has cleared €288m in German State aid for two new semiconductor supply chain projects aimed at strengthening Europe’s chip manufacturing resilience. The funding will support new production facilities by Carl Zeiss and Zadient Materials Europe GmbH in Germany. The largest share, €222m, will go to Zeiss to expand semiconductor equipment manufacturing in Oberkochen, Baden-Württemberg. A further €66m will support Zadient’s planned ultra-pure silicon carbide (SiC) facility in Bitterfeld, Saxony-Anhalt. Both investments form part of Europe’s wider effort to reduce dependence on foreign suppliers in the semiconductor supply chain. The Commission said the projects align with the goals of the European Commission under the European Chips Act and the EU’s 2024-2029 political strategy. Officials expect the projects to improve supply security, increase specialist manufacturing capacity and strengthen Europe’s long-term competitiveness in advanced chip production. Teresa Ribera, Executive Vice-President for Clean, Just and Competitive Transition, explained: “Chipmaking requires highly sophisticated production equipment and materials with special characteristics such as high purity. “The German measures approved strengthen the EU’s position in the semiconductor value chain …

Gang jailed over guns and drug operation worth up to £288m | UK News

Gang jailed over guns and drug operation worth up to £288m | UK News

Four members of an organised crime gang have been jailed after an investigation into a multi-million-pound firearms and drugs operation.  The gang members have been jailed for a total of almost 50 years following an investigation into a Wigan-based “industrial‑scale tablet manufacturing set-up, capable of producing tens of thousands of tablets per hour”. The court heard how between November 2021 and May 2022, an investigation was launched following evidence from a separate operation which was tackling the use of encrypted communications platforms – particularly EncroChat – by organised crime. Image: John Spiby Junior (top) and his father, John Spiby Senior. Pics: Greater Manchester Police The four members of the gang were John Eric Spiby, 80, his son John Colin Spiby, 37, Callum Dorian, 35, and Lee Ryan Drury, 45. Messages and images linked to Dorian’s handle on the platforms showed the facilitation and supply of firearms, including AK47s, a Grand Power pistol, silencers, and ammunition. The messages also revealed the orchestration of the large scale production of counterfeit diazepam tablets containing etizolam. Image: Firearm circulated …