£2m RGF semiconductor investment to create 100 jobs

Posted on 30 May 2013 by The Manufacturer

The government announced today that it is to inject £2m from its Regional Growth Fund (RGF) into the development of a breakthrough electronics material, creating 100 new jobs.

Through the governments’s RGF, it has invested the sum into global electronics firm NXP Semiconductors, which is carrying out research into Gallium Nitride (GaN) in Stockport. The funding will supplement an existing private sector investment into the project of £7.5m, and as well as creating new jobs in Stockport, it will safeguard 400 existing roles.…

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