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Canada to invest in Teledyne to further advance Canada’s semiconductor industry

News Artificial Intelligence General Updates
Date: 21st Mar, 2025 Source: Innovation, Science and Economic Development Canada Country: Canada Original Source

Brief

"On March 21, 2025, the Innovation, Science and Economic Development Canada issued an update regarding Canada to invest in Teledyne to further advance Canada’s semiconductor industry. The $8 million contribution from the Strategic Innovation Fund will enable Teledyne to upgrade equipment, develop next-generation image sensors, and expand semiconductor capabilities at its Quebec facility, driving growth and creating new jobs."

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Innovation, Science and Economic Development Canada

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