A 3.2 billion euro investment by Silicon Box, a semiconductor company headquartered in Singapore, has led to the establishment of a new chip production plant in Novara, Italy. The announcement was made by the Minister of Enterprise and Made in Italy, Adolfo Urso, along with top management from Silicon Box. This marks the first chiplet production plant in Europe and is expected to create 1600 qualified jobs.
The Italian government is focusing on encouraging large production investments in areas of existing competitive advantage, such as power electronics or acquiring one in advanced backend technology. State financing for a portion of the investment is still under consideration by the European Union. Other significant foreign investments have been made in Italy by companies such as Aixtron from Germany and SiPearl from France. These investments have helped position Italy as one of the major microchip manufacturers in Europe.
In addition to these investments, efforts are being made to strengthen advanced industrial research, develop relationships with other countries and promote cooperation on chip-related matters, as seen in Italy’s involvement in the G7 presidency. The country has also laid the groundwork for the establishment of centers such as the chip foundation in Pavia and the Artificial Intelligence foundation in Turin. Minor investments from foreign companies like SiPearl and Aixtron further bolster this strategy.
