EU approves €659m state aid for four German chip plants
- Location
- Baesweiler / Itzehoe / Weilburg / Munich · 🇩🇪 Germany
- Company
- Element 3-5 / Vishay / KLA / KETEK
- Sector
- Semiconductors
- Investment
- €659m (state aid)
On 14 July 2026 the European Commission approved €659m in German state aid for four first-of-a-kind semiconductor facilities under the EU Chips Act: €353m for silicon carbide production in Baesweiler (NRW), €214m for power MOSFETs in Itzehoe, €74m for optical metrology equipment in Weilburg and €18m for two specialised facilities in Munich. Beneficiaries are reported to be Element 3-5, Vishay, KLA and KETEK.
Source: digital-strategy.ec.europa.eu ↗ · Archived copy ↗
Evidence: one source · based on reports (not independently confirmed) · How well sourced is Eurotrack?
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