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Berlin, Intel strike controversial chip plant subsidy deal
Berlin, Intel strike controversial chip plant subsidy deal
Business and Economy
by  AFP

Berlin agreed Monday to grant US chip giant Intel subsidies totalling almost a third of the cost of a 30-billion-euro ($32.7-billion) German plant in a controversial decision following a months-long row. The project, now projected to cost a total of 30 billion euros, had originally been expected to cost 17 billion, the government sources said.