Lender KfW is to be reimbursed by the German government more than €600 million ($629 million) of Northvolt debt
TECHNOLOGY POWERING BUSINESS
News Germany
German Government Plots €2 Billion For Chip Subsidies – Report
Is it enough? After Intel disappointment, Germany to offer approximately 2 billion euros in subsidies for chip investments
Germany “Deeply Concerned” After Damage To Two Undersea Cables
Possible sabotage? Two undersea cables in the Baltic sea have been severely damaged, triggering security concerns
TSMC Plans Additional Plants In Europe, Official Says
Taiwan official says TSMC planning additional plants in Europe to focus on AI market, after German factory breaks ground
Intel To Spin Off Foundry Unit As Independent Subsidiary
Turnaround latest. Intel Foundry to become independent subsidiary, while chip factory construction in Germany and Poland will be paused
Germany Agrees Deal To Phase Out Huawei, Chinese 5G Kit – Report
German government reaches deal with mobile operators to phase out 5G equipment from Chinese firms, including Huawei
Russia Accused Of Cyberattack On Germany’s Ruling Party, Defence Firms
German foreign minister warns Russia will face consequences for “absolutely intolerable” cyberattack on ruling party, and German companies
Vodafone Germany Confirms 2,000 Job Losses, Amid European Restructuring
More downsizing at Vodafone after German operation announces 2,000 jobs will be axed, as automation increases in the future
Russian Hackers Lure German Politicians With Fake Dinner Party Invite
Russian state-based hackers targeted German politicians with email posing as CDU dinner party invitation as spy activity intensifies
Microsoft To Invest €3.2 billion In Germany, Mirroring UK Investment
Microsoft confirms it will invest 3.2 billion euros in Germany for AI and data centres, in welcome move amid a slumping economy
Germany ‘To Approve’ EU’s AI Act
Germany prepared to approve EU's AI Act after coalition's Free Democratic Party drops objections over red tape
German Government Warns Telcos Over China Risk
Networking parts from China may face ban if 'serious security risk' found, regardless of potential cost, German interior minister warns
Chip Shortage In Germany To Last Years, Warns Audi Head
Chip shortage is still a problem for German car makers, say Audi head of procurement, and will likely last years
Germany To Subsidise TSMC Factory In Dresden
TSMC's first European factory will see the German government cough up 5bn euros (£4.3bn) in subsidies for the 10bn euros (£8.6bn) fab
Intel Reaches Deal With Germany Over Magdeburg Chip Plant
Intel reaches agreement with Germany government over 10bn euros in subsidies for planned Magdeburg facility, as costs soar
SAP, Siemens Say EU Data Act Endangers Trade Secrets
Germany's SAP, Siemens and other companies say upcoming Data Act obligations could force disclosure of trade secrets
Germany Denies Chip Making Chemical Export Ban To China
There are currently no plans ban export to China of chemicals used to manufacture semiconductors, Germany says
Intel Seeks $5 Billion More In Subsidies For German Chip Plant – Report
Chip giant Intel is reportedly seeking an additional 5 billion euros in subsidies from the German government
Germany To Ban Huawei, ZTE From 5G Networks – Report
Years of dithering by German officials may soon end, amid report the country is preparing to ban Huawei, ZTE from 5G networks
Intel Now Seeks $10 Billion State Aid For German Factory – Report
Chip giant Intel reportedly increases the funding requirement from German government for planned Magdeburg chip factory
German Regulator Opens PayPal Competition Probe
Germany's Federal Cartel Office opens investigation into PayPal Europe over concerns company is blocking competition
Former Wirecard CEO Dismisses ‘Absurd’ Allegations
Defence for former Wirecard CEO Markus Braun begins in Germany, with his lawyer lambasting prosecution charges
Trial For Wirecard Executives Begins In Germany
Trial of former CEO and other managers begins in Germany, following spectacular collapse of Munich fintech Wirecard in 2020
Germany Applies New Competition Rules In Amazon Probes
German Cartel Office applies broader antitrust rules in two Amazon probes after formally designating company a key player
Germany To Block Chinese Takeover Of ERS Electronic – Report
National security. Berlin is reportedly preparing to block a second German chip firm from falling into the hands of a Chinese owner
Germany Favours Blocking China Takeover Of Elmos’ Chip Production
National security concerns. German government looks set to block Chinese takeover of Dortmund-based company Elmos
Germany Fires Cybersecurity Head Over Allegations Of ‘Russia Ties’
German cybersecurity chief Arne Schoenbohm has been sacked by officials over allegations of ties to Russia
EU Top Court Rules German Data Law Illegal
Germany's data retention law ruled illegal by top EU court, except in cases of serious national security threat
Tesla Allowed To Continue Autonomous Driving Advertising In Germany
German court allows Tesla to continue referring to autonomous driving capabilities in its advertising, after industry body complaint
Tesla Ordered To Refund Customer Over Autopilot Problems
Court in Germany orders Tesla to refund a customer thousands of dollars over problems with Autopilot driver's assistance system