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US chipmaker ON Semiconductor invests $2bn in the Czech town Roznov pod Radhostem for a European microchip manufacturing hub.
US chipmaker ON Semiconductor Corp. invests $2bn in Czech town Roznov pod Radhostem, transforming it into a European microchip manufacturing hub.
It's the largest foreign investment in the Czech Republic in 30 years, focusing on electric vehicle and renewable energy chips with a Volkswagen contract.
The expansion aims to quadruple Roznov's annual revenue to $1.2bn, diversifying the Czech economy and supporting EU chip supply efforts amidst global competition.
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US chipmaker ON Semiconductor invierte $2 mil millones en la ciudad checa Roznov pod Radhostem para un centro de fabricación de microchips europeos.