Sánchez announces an 11 billion euro investment for the development of microchips and semiconductors

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The president of the Spanish government has noted that “semiconductors are a basic element in all sectors” and that “Spain will not lose the race for the most advanced technology”.

The President of the Spanish Government, Pedro Sánchez, has a new Strategic project for economic recovery and transformation (Perte) on microchips and semiconductors involving a public investment of 11 billion euros.

Sánchez stressed that “semiconductors are a basic element in all sectors” and that “Spain will not lose the race for the most advanced technology”.

The government of Spain, he added, wants the country to be “at the forefront of industrial and technological progress” and in that objective “this PERTE is a great commitment”, which he has described as “ambitious” and “daring” , as progress in Europe’s strategic autonomy.


Source: EITB

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