Sanchez presents Samsung with its new strategy to become the benchmark in chips
President of the Spanish Government, Pedro Sanchezwas presented to the senior officials on Thursday Samsung Spain is about to become a plan A leading country in the field of semiconductors and microchips And attract investment in this sector. Sánchez, responsible for Samsung, began with the agenda of his official visit to South Korea, which includes excellent economic and business factors and the search for investment for Spain.
Chief Executive Officer Moved from Seoul To Samsung’s microprocessor manufacturing facility located in Pyeongtaek, the world’s most advanced microchip manufacturing facility. He was received there by the Executive Director of Device Solutions Division of Samsung Electronics. Kye-hyun Kyungand president and chief executive officer of the Microchip business division, C-Young Choiwith whom he toured various parts of the factory and later met.
The meeting is joined by another, including the CEO of a multinational company, on Friday, the last day of his visit to Seoul. Lee Jae Yong. At the meeting this Thursday, according to Spanish sources, Sanchez outlined his executive’s “ambitious” strategy to make Spain a relevant player in the semiconductor value chain. Through a wide range of incentives and assistanceAttractive financing mechanism, fast growing ecosystem and ability to attract talent and highly qualified employees.
He explained this accordingly Spain will allocate 12,000 million euros, with €9 billion of public funding for production facilities. The government is focusing on a growing ecosystem in Spain, with a growing ecosystem of companies in areas such as integrated photonics, cybersecurity and the design of quantum components, an important network of microelectronics research centers and leading photonics institutions such as the Institute of Photonic Sciences or Barcelona Supercomputing Center.
Also, remember this About 37,000 engineers graduate in Spain every yearAnd all this led to Sánchez, who was accompanied by his Minister of Industry, Commerce and Tourism, Maroto Raje, to confirm that Spain is a “pole of attraction for talent”. Some big companies have already announced their investment plans in Spain.
Thus, the American multinational Cisco Advanced last week will locate its first semiconductor design center in Barcelona The next generation in the European Union. The President of the Government signed the book of honor of the Samsung facilities and expressed his desire to increase cooperation between Spain and South Korea for the benefit of the societies of both countries.
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