Skip to main content

Soitec reinforces its commitments to the “France Relance” plan

Written by Customer Service on . Posted in Public Companies.

Soitec reinforces its commitments to the “France Relance” planBernin (Grenoble), France, March 4, 2021. – The French Minister of Industry, Agnès Pannier-Runacher, and the electronics industries, including Soitec, reinforced their commitments to the country’s economic recovery plan, “France Relance”, in a meeting at Soitec’s headquarters today.The Minister Delegate to the French Minister of the Economy, Finance and Economic Recovery, in charge of Industry, and the Strategic Industry Committee (CSF) of the Electronics Industries, represented by its Chairman Thierry Tingaud, signed an amendment to the support contract for the Electronics Industry.The addendum updates a contract initially signed for the sector on March 15, 2019, and introduces new axes structuring the priorities of the “France Relance” plan. Soitec is one of the six industrial leaders of the “Nano 2022” plan, along with STMicroelectronics, Lynred, Murata France, X-Fab France and UMS.Agnès Pannier-Runacher said: “Our ambition for electronics rests on two pillars: the technological leadership to guarantee our sovereignty, and the development of a key sector that generates added value and jobs. We are taking the lead today to boost our development and invest in building our country’s future and our vision for France in 2030.”On the occasion of the signing, the Minister visited Soitec’s premises to assess the progress of the work carried out as part of the “Nano 2022” program and look at the development of Soitec’s site in Bernin, which was supported by public funding. Since 2018, Soitec has transformed a production unit and dedicated it to the production of its new generation of 300mm substrates; a second unit dedicated to filter applications for smartphones has been developed since 2020. Soitec’s objective over the entire duration of the “Nano 2022” plan is to create 700 new jobs; at present, 500 jobs have already been set up at the Bernin site.During her visit, Agnès Pannier-Runacher also announced 105 winners of the call for projects to support critical sectors, including some 20 new projects from electronics and photonics companies.“The support of the French government, the European Union and local authorities over more than ten years has enabled us to develop new products that give us a strategic position in the sector of radio frequency and smartphones,” said Paul Boudre, Soitec’s Chief Executive Officer. “We look forward to continuing this path of innovation and industrialization in France, reinforcing this winning model of cooperation with the public authorities and major laboratories such as CEA-Leti, our historical partner. We are currently deploying the Nano 2022 plan at full speed, supported by the French government, the Communauté de Communes Le Grésivaudan, the Auvergne Rhône-Alpes Region, the Grenoble Metropolitan Council and the Isère département, to whom all I would like to extend my warmest thanks. »#  #  #Click here to view the video of Paul Boudre, Soitec’s Chief Executive Officer
(French version only)#  #  #About SoitecSoitec (Euronext, Tech 40 Paris) is a world leader in designing and manufacturing innovative semiconductor materials. The company uses its unique technologies and semiconductor expertise to serve the electronics markets. With more than 3,300 patents worldwide, Soitec’s strategy is based on disruptive innovation to answer its customers’ needs for high performance, energy efficiency and cost competitiveness. Soitec has manufacturing facilities, R&D centers and offices in Europe, the U.S. and Asia.Soitec and Smart Cut are registered trademarks of Soitec.For more information, please visit www.soitec.com and follow us on Twitter: @Soitec_EN#  #  #Soitec is a French joint-stock corporation with a Board of Directors (Société Anonyme à Conseil d’administration) with a share capital of € 66,557,802.00, having its registered office located at Parc Technologique des Fontaines – Chemin des Franques – 38190 Bernin (France), and registered with the Grenoble Trade and Companies Register under number 384 711 909.#  #  #Attachment2021-03-04 Soitec France Relance VA

Disclaimer & Cookie Notice

Welcome to GOLDEA services for Professionals

Before you continue, please confirm the following:

Professional advisers only

I am a professional adviser and would like to visit the GOLDEA CAPITAL for Professionals website.

Important Notice for Investors:

The services and products offered by Goldalea Capital Ltd. are intended exclusively for professional market participants as defined by applicable laws and regulations. This typically includes institutional investors, qualified investors, and high-net-worth individuals who have sufficient knowledge, experience, resources, and independence to assess the risks of trading on their own.

No Investment Advice:

The information, analyses, and market data provided are for general information purposes only and do not constitute individual investment advice. They should not be construed as a basis for investment decisions and do not take into account the specific investment objectives, financial situation, or individual needs of any recipient.

High Risks:

Trading in financial instruments is associated with significant risks and may result in the complete loss of the invested capital. Goldalea Capital Ltd. accepts no liability for losses incurred as a result of the use of the information provided or the execution of transactions.

Sole Responsibility:

The decision to invest or not to invest is solely the responsibility of the investor. Investors should obtain comprehensive information about the risks involved before making any investment decision and, if necessary, seek independent advice.

No Guarantees:

Goldalea Capital Ltd. makes no warranties or representations as to the accuracy, completeness, or timeliness of the information provided. Markets are subject to constant change, and past performance is not a reliable indicator of future results.

Regional Restrictions:

The services offered by Goldalea Capital Ltd. may not be available to all persons or in all countries. It is the responsibility of the investor to ensure that they are authorized to use the services offered.

Please note: This disclaimer is for general information purposes only and does not replace individual legal or tax advice.