The Italian authorities is planning to speculate round €10 billion within the semiconductor business all year long, information company Ansa reported, citing Business Minister Adolfo Urso.
“Italy is preparing to become one of the largest microelectronics producers in Europe,” Urso informed reporters in Pescara, the place the ruling get together Fratelli d’Italia is assembly this weekend.
In March, Urso announced an investment of €3.2 billion ($3.4 billion) by the Singaporean startup Silicon Field, to construct a chip manufacturing unit within the north of the nation. The announcement got here after the federal government failed to steer US-based chip-maker large Intel Corp. to speculate.
“I believe that in the coming weeks we will be in a position to make other equally significant announcements,” he additionally stated, in response to native media.
