Explain to me in brief the following article:
The article talks about the construction of a new silicon carbide manufacturing plant in Catania by StMicroelectronics, with the goal of promoting innovation, technological production, and supporting the green transition in Europe. The investment amounts to 5 billion euros, with 2 billion euros coming from the Italian government under the EU Chips Act. This investment aims to create highly skilled jobs, limit competition distortions, and ensure a stable supply of energy-efficient chips for electric vehicles and charging stations.
The Commissioner for Competition, Margrethe Vestager, emphasizes the importance of this investment for the digital and green transition in the EU. The plant will play a crucial role in providing reliable energy-efficient chips for electric vehicles and charging stations. Italian Minister Adolfo Urso also highlights the significance of this investment for Sicily, Italy, and Europe, as it reaffirms Italy’s role as a hub for microelectronics development and represents a milestone in the industry.
The plant, known as the SiC Campus, will cover all stages of production, from silicon carbide powder to power products and modules used in electric vehicles, fast chargers, photovoltaic panels, cloud infrastructure, and data centers. Production is expected to start in 2026 and reach a capacity of 15,000 SiC wafers per week by 2033.
Silicon carbide is considered a technological breakthrough due to its benefits compared to traditional silicon for power applications. Its better thermal conductivity, faster switching speed, and lower dissipation make it ideal for high-voltage power devices, improving efficiency and durability while reducing energy consumption.
Nuovi chip, 5 miliardi di investimenti per la Stm di Catania: in ballo migliaia di posti di lavoro
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