July 7, 2014 | The Office of the Chief Scientist, a branch of the Ministry of the Economy, announced that it will invest NIS 70 million in the development of Israel’s chip production sector. As the number of Israeli-based chip companies diminishes, the Chief Scientist announced that NIS 70 million will be invested over a period of five years in order to revamp the sector with new academic research and industrial bodies. The money will go towards the leading Israeli chip companies which include CEVA, Sargon, EZChip and more, encouraging them to work together to reboot the Israeli chip sector.
Subscribe to NoCamels weekly newsletter and get our top stories
Related posts
Israeli Startup Rings Closing Bell At Nasdaq in NYC
March 28, 2024
Israeli, US Companies Unite To Make More Milk From Mushrooms
March 27, 2024
Facebook comments