Federal, Quebec governments commit close to $100-million to boost semiconductor capacity [Globe and Mail, The (Toronto, Canada)]
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Source: Globe and Mail, The
He says the investment will also go toward the Bromont-based MiQro Innovation Collaborative Centre, a research group that tries to speed up the commercialization of components in digital technologies. Quebec, for its part, is offering IBM Canada $38.9-million in loans to help the company buy equipment, increase capacity at its Bromont plant, and create a new generation of switches. A news release from the federal government says the funding from both levels of government will help create 280 jobs in the region. IBM Canada says its plant in Bromont is one of the continent's largest chip assembly and testing facilities and that the money will solidify Canada's place in the supply chain for advanced packaging of semiconductors. Sign up for the Top Business Headlines: Evening Edition Newsletter. An informative summary of the day's top business headlines, features and columns. Explore newsletters
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