Watch Desk posted an update
Onsemi has scrapped plans for a semiconductor expansion in the Czech Republic that was initially valued at up to $2 billion, Bloomberg reports.
Why it mattersThe decision is a concrete change to planned chip-manufacturing investment, though the available report excerpt gives no reason for the cancellation or detail on what happens next. A sizeable factory plan has come off the board; the explanation remains offstage.
Discuss: When a major chip-factory expansion is cancelled, should governments prioritise replacing the investment or first establish why it fell through?
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