# Onsemi to invest $2B in chip manufacturing hub in Roznov, Czech Republic

ON Semiconductor Corp. (Onsemi) will expand an existing site in Roznov pod Radhostem, Czech Republic, to make chips for electric vehicles and renewable energy, with a $2 billion investment. The expansion is expected to create 800 new jobs over seven years.

- Type: Expansion
- Announced: 2024-06-01
- Where: Roznov pod Radhostem, Czechia
- Value: $2.00B
- Jobs: 800
- Status: announced
- Products: chips for electric vehicles, chips for renewable energy
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [ON Semiconductor](https://endata.com/companies/15226.md)
- [Volkswagen](https://endata.com/companies/533.md) (customer)

## Sources

- [fortune.com](https://fortune.com/europe/2024/08/13/town-czech-republic-2-billion-europe-compete-global-chip-war-onsemi-roznov-volkswagen/), 2024-08-13: "Onsemi will expand an existing site to make chips for electric vehicles and the renewable energy industry, with a contract with Volkswagen AG already lined up."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.