In a decisive move to bolster Germany’s innovation capacity, Siemens has announced plans to invest €1 billion in the country. This forms part of the company’s €2 billion global investment strategy. At an event attended by German Chancellor Olaf Scholz, Siemens revealed the establishment of its new Technology Campus in Erlangen, Germany. The company is […]
In an intriguing turn of events, Turkish President Recep Tayyip Erdogan declared that he would only support Sweden’s bid for NATO membership if the European Union (EU) recommences membership negotiations with Ankara. Erdogan made this announcement ahead of a major NATO summit, during which Western leaders are expected to demonstrate unity in response to Russia’s […]
Intel has inked a revised letter of intent with the German federal government regarding the development of its wafer fabrication site in Magdeburg, Germany’s Saxony-Anhalt state capital. This agreement pertains to Intel’s enhanced investment in the location, now projected to exceed €30 billion for two pioneering semiconductor facilities in Europe. The updated agreement includes amplified […]