The Prime Minister of Spain shows his favor to Samsung and strives for investment in wafer manufacturing projects

According to reports, during his visit to South Korea, Spanish Prime Minister Pedro Sanchez met with Samsung Electronics Chairman Lee Jae-yong and invited Samsung to build a wafer manufacturing plant in Spain. Before meeting with Lee Jae-yong, Prime Minister Sanchez also visited the Samsung's wafer fabrication facility in Pyeongtaek.

The Spanish government had planned to invest 12.25 billion euros (about 12.25 billion U.S. dollars) in the semiconductor industry by 2027 to support the development of the domestic semiconductor industry, most of which will be used to support 5nm advanced process chip manufacturing projects.

At present, Intel has taken the lead in announcing that it will invest in a new wafer manufacturing plant in Europe, while Samsung and TSMC, both advanced process players, have not yet made an investment decision. According to media reports, TSMC is discussing potential investment in Dresden, Germany. negotiation.