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onsemi announced a $2 billion investment to expand its plant in Rožnov pod Radhoštěm, Czechia, focusing on intelligent power semiconductors. The expansion is expected to increase chip production by hundreds of percent and add about 1,300 jobs.
“The benefit of this investment is not only the extraordinary amount, but also the production with high added value, which is exactly what the Czech Republic has needed for a long time.”f-chain.com
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