For the development and manufacture of advanced chips, Europe’s actions are also not small. According to media reports, Spain has approved a plan to invest 12.25 billion euros (about 87.1 billion yuan) in the semiconductor and microchip industry by 2027. This huge amount of funds is mainly used in three aspects, of which 9.3 billion euros will build a chip factory, including the manufacture of 5nm and below 5nm semiconductor products. In addition, there are 1.1 billion euros in research and development subsidies, 1.3 billion euros for chip design, and the establishment of a 200 million yuan chip fund. According to the report, Spain has seen the opportunities brought by the vigorous development of the digital economy and the demand gap caused by the shortage of chips. The amount originally set for the plan was 11 billion euros, which is equivalent to an official increase this time. Coincidentally, South Korea’s Samsung Electronics just announced yesterday (May 24) that it will invest 450 trillion won (about 2.37 trillion yuan) in chips, biotechnology and other fields in the next five years, and hire 80,000 more employees. .
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