After announce two years ago the construction of a microchips factory in Spain, Broadcom has back. According to Europa Press, the negotiations between the company and the government have been broken for a while.
The factory, which was intended for the development of Back-End chips and that would be unique in Europe, would have meant an investments of 1,000 million dollars and was aimed at promoting reindustrialization. But the negotiations have been broken for several months, and from the government they are given by losses.
Jose Luis Escrivá, when he was still a minister of digital transformation and public function, said the government negotiated with Broadcom where the plant was going to lift in Spain. After this there were only some isolated details that indicated that it could be built in Zaragoza, but nothing more.
The negotiations also participated in Jaime Martorell, special commissioner for the microelectronics and semiconductor chip. Last September, Escrivá was replaced in the Ministry by Óscar López, but apparently he did not sit down to negotiate with Broadcom.
The negotiations were already stagnant then, and the re -election of Donald Trump as president of the United States shortly after has not helped precisely to reactivate the project. Quite the opposite, due to the attitude of confrontation that has marked the relationship of the Trump administration with Europe, among other regions, since he assumed the position.
The irruption of Trump, in fact, threw another project for the creation of a joint company With one with an American company For chip production in Spainin which the government planned to invest up to 400 million euros. According to several sources, the operation «It collapsed by Trump«, And also today«There is a feeling that American companies are very restricted to invest in Europe«.