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Broadcom will invest US$ 1,000 million in Spain to produce semiconductors

Broadcom will invest US$ 1,000 million in Spain to produce semiconductors

The president of broadcomCharlie Kawwas, has announced via Twitter your decision to “investing in the semiconductor ecosystem in Spainwithin the framework of the PERTE Chip and following the principles of the European Chip Law.

Behind this statement lies the intention to build a large-scale semiconductor facility back end, which would be the only one in Europe, increasing the company’s penetration of this niche market and playing a strategic role in strengthening the microchip ecosystem in our country, according to government sources. One of the demand sectors for this type of substrate is the telecommunications sector.

It is estimated that the operation will mobilize an investment of 1,000 million dollars (900 million euros). The location for which the company will bet to settle in our country has not been disclosed, government sources have added.

Broadcom is an American designer, developer, and global provider of a broad range of semiconductor and infrastructure software products.

Source: EFE

Source: Gestion

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