Oct 23 (Reuters) - Wolfspeed ( WOLF ) shelved plans to

build a semiconductor factory in Germany, the Financial Times

reported on Wednesday, citing a statement from the U.S.

chipmaker.

The chipmaker said in June it had delayed plans to build the

$3 billion plant, which would make, in Germany, computer chips

used in electric cars, highlighting the European Union's

struggle to increase semiconductor production and reduce its

reliance on Asian chips.

Wolfspeed ( WOLF ) did not immediately respond to a Reuters request

for comment.

Wolfspeed ( WOLF ) announced its plans for the plant and a research

and development center in Germany in February 2023.

An industry source told Reuters on Tuesday that the German

automotive supplier ZF had intentions to withdraw from

the planned $3 billion microchip manufacturing project with

Wolfspeed ( WOLF ) in western Germany.

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