U.S. chipmaker Onsemi is considering a USD 2 billion investment to expand chip manufacturing at its plants in the U.S., South Korea, or Czechia. The decision of the US chipmaker is to be made by the end of February 2024. To support these types of strategic investments, the Czech government planst to amendment the investment incentive laws in the parliament, early 2024.
Source: www.expat.cz