Intel and Germany will sign an agreement today that will see the construction of a new semiconductor factory in Dresden, Germany. The company is set to receive billions of euros in subsidies too.
Subsidies RSS
The UK government could be working on plans to subsidize semiconductor companies ranging from startups to existing firms. It's expected to spend less than £10 billion on the subsidies.
Netflix has confirmed that it will not insert ads to lower the entry price of subscriptions on its streaming service. The company could, however, explore an ad-subsidized model owing to competition.
Tesla has managed to slash around 55,000 yuan ($8,000) from the starting price of its Model 3. The reduction was possible, in part, because the Chinese government was offering subsidies.
