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Home Czech Republic

The Sleepy Czech Town Helping the EU Compete in the Global Chip War

October 6, 2024
in Czech Republic
The Sleepy Czech Town Helping the EU Compete in the Global Chip War
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The Czech town of Roznov pod Radhostem was best known for its rum-drizzled sweet pies and an open-air museum showing off historical wooden houses. Then came an announcement that stirred the sleepy backwater.

US chipmaker ON Semiconductor Corp. picked Roznov for a new $2 billion manufacturing hubBloomberg Terminal in June. The past few weeks have seen a flurry of visits by property developers, the head of a local university and government officials followed around by television crews.

Source link : https://www.bloomberg.com/news/features/2024-08-13/the-sleepy-czech-town-helping-the-eu-compete-in-the-global-chip-war

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Publish date : 2024-08-12 07:00:00

Copyright for syndicated content belongs to the linked Source.

Tags: Czech RepublicEurope
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