BERLIN, Oct 22 (Reuters) - German automotive supplier ZF
will no longer take part in a planned chip plant in the
German state of Saarland, putting the project on the brink of
collapse, the Handelsblatt newspaper reported on Tuesday, citing
government and industry sources.
U.S. chipmaker Wolfspeed ( WOLF ) wanted to build the $3-billion chip
plant and a research and development centre in Germany, poised
to start in 2027, with ZF to chip in $185 million for a stake.
ZF was not immediately available for comment on its reported
withdrawal.
(Writing by Miranda Murray, Editing by Rachel More)