Mersen: to benefit from subsidies of over 12 ME

(CercleFinance.com) - Mersen is to benefit from subsidies totalling over 12 million euros as part of the Important Joint European Interest Project for Microelectronics and Communication Technologies (PIIEC ME/CT).


This funding has been granted by the French government as part of the 'France 2030' plan to develop industrial competitiveness and technologies of the future. They concern the R&D and industrialization phases of the p-SiC® polycrystalline silicon carbide substrate manufacturing process.

These substrates will be manufactured at Mersen's site in Gennevilliers (Ile-de-France region), where Mersen plans to invest around 85 million euros between 2023 and 2025, and to hire between 80 and 100 employees.

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