The Czech Republic has great potential to become a major player in the field of chip production. The new National Semiconductor Strategy, prepared by the Czech Ministry of Industry and Trade in cooperation with experts, aims to take advantage of this opportunity.

New National Semiconductor Strategy should help the Czech Republic to become one of the European centres of chip production. The strategy maps the areas where the Czech industry has the most significant potential and proposes supporting measures, including investment.

The document defines specific objectives and dozens of corresponding measures to achieve this goal, such as increasing the capacity of selected fields of study at universities, establishing a competence centre or increasing semiconductor production capacity.

This strategy builds on the European Chip Act and was developed under the leadership of the Ministry of Industry and Trade in close cooperation with the Office of the Minister for Science, Research and Innovation. Research and innovation is one of the five strategic areas the strategy aims to develop. The plan also intends to increase the number of professionals in the sector to 9,000 and to triple the size of the semiconductor sector in the Czech Republic by the end of 2029.

Source: Business Info, Věda a Výzkum
Prepared by the CzechTrade London team