Broadcom Allegedly Scraps Plans for Chip Factory in Spain
2 week ago / Read about 0 minute
Author:小编   

US chipmaker giant Broadcom has reportedly abandoned its proposed $1 billion investment in Spain for the construction of a semiconductor backend testing and packaging facility, following a breakdown in negotiations with the Spanish government. This decision deals a significant blow to Spain's aspirations in the European microchip industry and could potentially erode the confidence of other potential investors. Amidst the global chip shortage, this incident underscores the complexities involved in attracting high-end manufacturing investments and emphasizes the critical need for close collaboration between governments and businesses.