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A comment on TSMC, Bosch, Infineon, and NXP to build fab in Germany. Parent comment

Re:TSMC, Bosch, Infineon, and NXP to build fab in Germany by r0b1n on Tuesday August 08, 2023 @07:54AM (#37047579)
5 Billion Euros of public money out of a total of 10 Billion invested. So it is more like "the German state builds a fab, with TSMC and others also investing a little".
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Re:TSMC, Bosch, Infineon, and NXP to build fab in Germany by trompetenaccoun on Tuesday August 08, 2023 @08:05AM (#37047702)
>The planned joint venture will be 70% owned by TSMC, with Bosch, Infineon, and NXP each holding 10% equity stake, subject to regulatory approvals and other conditions.

I wonder what them "providing" 5 billions as news reports put it actually means. Is this a loan, a gift, or some other type of deal?

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Re:TSMC, Bosch, Infineon, and NXP to build fab in Germany by rasz on Tuesday August 08, 2023 @08:12AM (#37047775)
Gift. Here is how it worked in Wales: https://www.youtube.com/watch?v=hijJ_4H08RM
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Re:TSMC, Bosch, Infineon, and NXP to build fab in Germany by Lionga on Tuesday August 08, 2023 @08:30AM (#37047968)
You have to subtract 10% or so in kickbacks that will later flow back to the politicians handing out the money
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