Sunday, 03 July 2022

Spain prepares €11 billion semiconductor investment

by Harry Baldock, Total Telecom
Tuesday 05 April 22

The Spanish government says that developing the country’s microchip and semiconductor industry will be crucial for transforming the country’s economy and making the national a digital leader

At the ‘Wake up, Spain!’ economic forum event this week, Spanish Prime Minister Pedro Sanchez has outlined plans to invest €11 billion in the country’s burgeoning semiconductor industry. The expenditure will take place as part of broader government strategy known as Strategic Projects for Economic Recovery and Transformation (PERTE). Announced at the end of 2020 to help map the expenditure of European coronavirus relief funds…

At the ‘Wake up, Spain!’ economic forum event this week, Spanish Prime Minister Pedro Sanchez has outlined plans to invest €11 billion in the country’s burgeoning semiconductor industry. The expenditure will take place as part of broader government strategy known as Strategic Projects for Economic Recovery and Transformation (PERTE). Announced at the end of 2020 to help map the expenditure of European coronavirus relief funds…

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