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March 14, 1997updated 05 Sep 2016 1:06pm

SGS-THOMSON PLANS NEW ITALIAN WAFER FAB

By CBR Staff Writer

SGS-Thomson Microelectronics NV is firming up its plans for a new wafer fab in Italy and says it could be situated in the Cuneo area of the northwest Piedmont region. The plant will involve investment of around $1.3bn and could create some 1,000 jobs. The company is also looking at areas in southern Italy.

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