The Czech Republic is strengthening its position in semiconductor manufacturing.
On June 20, 2024, American semiconductor manufacturer Onsemi announced an investment exceeding CZK 40 billion to expand its factory in Rožnov pod Radhoštěm, Czech Republic. This significant investment aims to enhance the production capacity of semiconductors, catering to the growing global demand for electronic components. The expansion is expected to create numerous job opportunities and strengthen the Czech Republic's position in the semiconductor industry.
Source: Reuters
Prepared by CzechTrade United Kingdom & Ireland office.