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The Government supports Openchip after the departure from the SETT

La Vanguardia - EconomiaOriginal language: SpanishRelevant to: Spain, United Kingdom, United States
AI-assisted summary

The Government has decided to support Openchip, a company dedicated to the manufacture of chips, following its exit from the Sociedad Estatal de Participaciones Industriales (SETT). The Department of Economy has announced funding of 15 million euros to help the company continue its development and production. This investment is part of the government's effort to support strategic sectors of the economy and ensure job creation in the technology sector. The decision underscores the government's commitment to advancing the semiconductor industry, which is crucial for the competitiveness of the local economy.

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