An Asian semiconductor group has placed Italy at the center of its production plans for Europe. A 3.2 billion bet that will give life to a factory in the North of the country (Piedmont, Lombardy and Veneto are in the running) with 1,600 jobs, the creation of an important related industry and positive effects of 4 billion in the following 15 years. The choice will be influenced by the local infrastructure, the presence of research centers and universities.
Ready redemption for Italy, therefore, after seeing Intel’s possible investment in the same sector fade away. The Silicon Box group based in Singapore accepted the invitation of the Ministry of Business and Made in Italy, which is committed on various fronts to attract investments from global technological players. The company produces chiplets, comparable to grains of sand, with the characteristic of consuming less energy and having high adaptability. The project for Italy involves the assembly of semiconductors for use in various fields: all new technologies for next-generation applications in the field of artificial intelligence, high-performance computing and components for electric vehicles. Italy, after all, is one of the main European producers of microchips, with a strong presence in microelectronics for automotive, industry and aerospace, and a competitive advantage in various fields. To strengthen this supply chain, the government has formulated a strategy for microelectronics with these objectives: consolidate strong capabilities in advanced chip design; assert competitive advantage in power electronics and new materials; strengthen the machinery sector that produces chips. «We need to build a more resilient supply chain for semiconductors in Europe – the words of Minister Adolfo Urso – which is why the government puts chips and microelectronics at the center of strategic priorities. Italy is in the running to fill a leadership position. The Italian Silicon Box factory will be one of the most advanced, we hope to be able to start work within the year.”
«Italy was the first choice for our global expansion – points out the co-founder and CEO of Silicon Box, Byung Joon Han, who met Urso in Rome -; We believe that our countries’ innovation is driven by similar cultural values, which embrace curiosity, passion and a tireless commitment to excellence.”
The operation is part of the EU’s objective of recovering 20% of global semiconductor production capacity by 2030 and aimed at supporting a vision of a resilient and geographically balanced global chip supply chain. For his part, Minister Urso announced that important new synergies could arrive this year with international investors ready to focus on Italy. On the trade union side, the Fim Cisl general secretary, Roberto Benaglia, speaks of “good industrial policy news for a country destined to grow only if it attracts new, increasingly strategic and technological foreign investments”.
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2024-03-11 20:26:00
#billion #bet #produce #chips #Italy
