The chip sector fears that the ‘VEC case’ affects its Perte: “Anything can happen”
The doubts of the big investors in the Perte star of the electric vehicle splashes to another Perte with which it has a great relationship: the perte chip. Thus, in the sector there is a certain tension in the face of the mere hypothesis that this scenario of pessimism will affect your project. “In our case we are still a bit behind, and everything remains to be seen. A large part of the financing of our Perte is going to be used to bring a powerful factory, although we do not know how it will materialize either. But, it is true, that what happened in the other Perte can affect our investment. In the end, anything can happen”, point out a businessman from the sector.
Last Thursday, the German giant volkswagen He publicly expressed his doubts about investing in the battery factory in Sagunto (Valencia) due to the lack of sufficient public aid. A news that made the economic team of the Minister of Industry, Reyes Maroto, tremble, fearing that the ‘flagship’ project of one of the most ambitious members of the Recovery Plan would falter. Yesterday, the other big investor involved, the company Fordconfirmed that it will stop producing half of its models at the Almussafes factory.
During these weeks, the big semiconductor companies are closing their budgets. From the Government they try to close the arrival of an investor who builds a factory in Spain. A task that is not being easy at all. In fact, a few weeks ago, the Taiwanese company TSMC closed its door to invest in Spain, further stirring the uncertainty that the sector is experiencing these days. “I’m not going to answer that.” It is the answer that one of those responsible for one of the companies that could be nourished by the millions of the Perte Chip maintains about the possibility that the situation that the Perte of the electric vehicle suffers today harms it.
From the employer’s association they aim at the beginning of January to know the investment giant that will bet on Spain to build one -or two- factories. However, just a few weeks after this possible arrival, the semiconductor sector in Spain continues to move, with new players that are not very established. Thus, one of the few companies that today make up the only group in the sector in our country confirms to this newspaper that it has only been in the association for a week. “Our company is more specialized in the aerospace sector, but now we are trying to enter this sector and find out a little about these aids that can come here.”
The Executive’s commitment to deploying semiconductors has been considerable. In fact, the government has allocated almost 10% of the total European funds to Perte. A country -ours- that does not stand out in the Old Continent for having been a leader in this industry. Thus, it is surprising that most of the surrounding territories did have a factory. According to data from the European Commission, these are: Germany, France, Ireland, Italy, Austria, the Netherlands, Belgium, Hungary, the Czech Republic, Sweden, Finland, Portugal and Malta.
One of the few giants in the sector, Intel, chose Germany several months ago as the place to build its large integrated chip center (‘vanguard’) for 17,000 million euros and France as the territory where to develop its ‘hub’ semiconductor design. A reality that differed a lot from the portion that Spain received at the time, with the investment of 200 million in a chip design laboratory in Barcelona.
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