Spain has not yet found any subsidies for the development of semiconductor production, amounting to Euro12 billion

Spain has not yet found any subsidies for the development of semiconductor production, amounting to

Europe was trying to stimulate the development of the local semiconductor industry not only at the regional level but also through the budgets of individual countries; unlike some other EU members, Spain could not boast of a developed microelectronic industry, but the country ' s 12 billion subsidies should help to bridge that gap, in the view of the Government.

According to Bloomberg, two months after the Spanish authorities announced their willingness to support the construction of local chip production facilities with subsidies totalling Euro12 billion, little has changed in terms of the number of applicants for these funds; according to the Spanish Government, companies are interested in the very possibility, but they have to make investment decisions and approve them in due course, which takes time.

It is recalled that in the Napoleonic plans of Intel to diversify its presence on the European continent, Spain appears only as the location of a research centre in Barcelona, which will study the problems of supercalculations; the production base in Spain is not yet in a hurry to develop the world ' s semiconductor industry, as the same Germany is able to offer not only a more advanced infrastructure but also a human resource with an adequate level of training; Prime Minister Pedro Sánchez of Spain, however, in comments to Bloomberg, expressed confidence in the forthcoming success of negotiations with potential investors.

In 2019, 78% of the production capacity for the production of semiconductor components was concentrated in Taiwan, South Korea, China, and Japan. North America provided 11% of chip production, and Europe was satisfied with only three. Local authorities' ambition to increase this share to 20% by the end of the decade means that companies with relevant competencies are involved in the region.

In addition to Intel, GlobalFoundries decided to build chip production facilities in Europe, which, in cooperation with STMicroelectronics, would establish a joint venture in France, and GlobalFoundries recently explained that the company had helped the French authorities to do so, which had approved the project faster than the US authorities were willing to do, because GlobalFoundries were already operating in New York State, and it was planning to expand its presence in the home region.

In fact, the production of chips in Spain could support the local autoprom, which is the second largest in Europe and provides 10% of the country ' s gross domestic product; the Spanish authorities are also willing to allocate finance to research projects; the European Union is expected to build an experimental production line for the Belgian company Imec.