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Spain can’t afford to build a 5nm chip factory even if it’s willing to give 83 billion yuan in subsidies

Advanced process chip factory has been the focus of competition between countries, the United States, Japan, South Korea and many European countries want to build their own factories, even at the expense of giving huge subsidies, however, even if the official is willing to give money, not all countries can achieve the goal of building factories, Spain is now the case.

According to reports, in May this year, Spain launched a huge subsidy program, hoping to have semiconductor companies in the local construction of advanced process fabs, mass production of chips such as 5nm.

Spain also wants to build a fab idea surprised many people, in fact, they do have such a need, because the country has in Europe second only to Germany’s automotive industry, the demand for automotive chips is also very high, have their own land on the fab is obviously better, to avoid supply chain disruptions or price increases and other troubles.

To this end, Spain launched a subsidy program of up to 12 billion euros, about 83 billion yuan, but Intel, TSMC and other manufacturers do not plan to build factories in Spain, there are media reports that Spain can not be as desired, and now no manufacturer has found willing to build a factory.

The official explanation said that it is still talking, but in fact, this is really not so easy to build a factory subsidy is certainly good, but Spain traditionally does not have a semiconductor industry chain, which is not as good as the European region of Germany, Ireland, France and other regions, to attract manufacturers to build factories here.

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Threza Gabriel
Threza Gabrielhttps://www.techgoing.com
Threza Gabriel is a news writer at TechGoing. TechGoing is a global tech media to brings you the latest technology stories, including smartphones, electric vehicles, smart home devices, gaming, wearable gadgets, and all tech trending.

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