The U.S. chipmaker onsemi is planning a multi-year investment of up $2 billion in its production facility in the Czech Republic
, the company and the Czech government said on Wednesday.
The company based in Scottsdale, Arizona, currently produces 10 million chips a day in Roznov. The investment would increase production by hundreds of percent, the government said. It said the number of jobs created in Roznov will increase to 3,000 from the current 1,700. “The site would produce the company’s intelligent power semiconductors that are essential for improving the energy efficiency of applications in electric vehicles, renewable energy and AI data centers,” it said in a statement.
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