Two major companies, one American and the other Franco-Italian have announced the creation of a semiconductor factory in southeast France. This came as French carmaker Renault said Tuesday that car sales fell in the first half of this year, impacted by the worldwide shortage of semiconductors.
At the "Choose France" investment summit in Versailles during the week, Franco-Italian STMicroelectronics and American GlobalFoundries said they would be building a factory in Crolles, near Grenoble (Isère).