38 years ago, in a spate of government-inspired moves to get into the semiconductor industry, the French government engineered a jv between a French glass company and a US semiconductor company and gave the jv a three billion franc R&D budget then worth $400 million. Four years later, in 1982, the French government announced a $21.3 billion ...
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from Electronics Weekly https://www.electronicsweekly.com/blogs/mannerisms/fable/fable-fickle-government-2017-09/
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