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Monday, June 27, 2022
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podcast | What is in the hands of Spain and what is not a benchmark for chips

Date: June 27, 2022 8:00 pm

This week the Council of Ministers gave the green light to the Perte Chip project, which is finally will attract 12,250 million euros of public investment until 2027, the largest amount is allocated to one of the strategic projects of the Recovery Plan. The government intends to turn Spain into a benchmark in semiconductors, key components for the global industry, the lack of which has torpedoed the global economy since the start of the pandemic.

Industry giants such as Intel, Taiwan’s TSMC (the world leader) or South Korea’s Samsung have from time to time declared their interest in coming to Europe. In fact, Barcelona will host the headquarters of the microchip development laboratory for an American multinational corporation… The Spanish chief executive explained that the agreement with Intel is essential in the European policy aimed at achieving a 20 percent share of the world’s semiconductor production. . But what is in the hands of Spain and what is not a benchmark for chips? This is the question we turn to Cesar FrancoDean of the Madrid College of Industrial Engineers and Strategy and Digital Transformation Consultant.

The advantage of our country is that it accepts those who can become an important customer for semiconductor manufacturers if they decide to build new factories in our country – the four national manufacturers that we already have are focused on design. Spain has second largest automotive components industry in Europe and fourth in the world, and aeronautics or household appliances also play an important role from an economic point of view.

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