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At the beginning of July 2023 Charlie Kawwas, the president of the Broadcom subsidiary specialized in the manufacture of semiconductors, announced that your company had reached an agreement with the Government of Spain to build An advanced integrated circuit factory on Spanish soil. Its budget touched the 1,000 million dollars (about 850 million euros), and although it never became completed its location for several months a filtration anticipated that this plant would stay in Zaragoza.
According to Kawwas, these facilities were going to be specialized in Substrate manufacturing And they would help this American company reinforce its position in the semiconductor production market. For Spain, the construction of this factory was great news because it would place the country on the European map of The production of advanced substrates. And, in addition, presumably would generate high qualification jobs and develop the technological ecosystem of the area in which it finally be installed. Unfortunately this project will not come to fruition.
Broadcom has back
According to the Europa Press agencyBroadcom will finally not build its factory in Spain. The negotiation that this company maintained and the Spanish government has been broken, apparently. At the moment it has not transcended the reason why this project will not prosper, but according to Europa Press Donald Trump’s return To the White House has been able to exercise as a death sentence in a context in which the commercial relationship between the US and Europe goes through a very complicated moment.
“That collapsed by Trump. It was a very interesting operation and in the end he did not curdle,”
In fact, the arrival of Trump ended another project in which the Spanish government intended to invest 400 million euros to establish a company joint with an American company. Its purpose was also to build a chips manufacturing plant. “That collapsed by Trump. It was a very interesting operation and in the end it did not curdle. Right now there is a feeling that US companies are very restricted when investing in Europe, ” has declared One of the sources of Europa Press.
It makes sense. The administration led by Trump pursues reinforce your local semiconductor industryso it is perfectly credible to be zancadilleando the plans of US companies that plan to invest outside the US. On the other hand, the construction of a avant -garde semiconductor manufacturing plant usually costs Between 20,000 and 30,000 million eurosso it is evident that the factory that Broadcom was going to be tuned in Spain was not going to be at all toe. Even so, it is a pity that this project has been frustrated.
Image | Chris Hsia
More information | Europa Press
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