General managers and founders of 18 technology companies from the United States, Japan, South Korea, Taiwan, Germany and France have shown interest in establishing operations on the islands during the international fair 'Semicon West', held in San Francisco.
In an effort to consolidate the Canary Islands as a "top-level technology hub", Proexca, under the direction of the Government of the Canary Islands, participated in the Californian fair together with a delegation of public institutions and private companies with the aim of supporting the entities of the Canarian microelectronics ecosystem and attracting foreign direct investment to the islands.
The 18 companies mentioned have already initiated contacts with Proexca to explore the possibilities of establishing themselves in the Canary Islands.
The archipelago is thus positioned as a destination of interest for technological investments thanks to its advantageous economic and fiscal conditions, its natural environment and its logistical infrastructure.
The Canary Islands also hosts an important semiconductor ecosystem, known as the CanaryChip Ecosystem, which is prepared to present projects to the PERTE Chip at the national level.
Semicon West, a leading semiconductor fair
Semicon West is a world-renowned event in the semiconductor and microelectronics industry, bringing together more than 15,000 visitors and 700 exhibitors in this edition.
The companies and entities present cover the entire spectrum of the industry, from design and manufacturing to suppliers of raw materials and manufacturing equipment, as well as technology centers of R&D and universities from all over the world.
Gustavo González de Vega, Deputy Minister of Economy and Internationalization and Vice President of Proexca, highlighted the relevance of this participation: "The presence of the conglomerate of Canarian public institutions and private companies in Semicon West, members of the Cluster Chip Canarias, has been key to positioning the archipelago.
"We have managed to make visible the potential of our companies and attract the attention of businesses that seek to develop in the emerging sector of microelectronics and semiconductors," he added.
"The growing international interest reflects the success of the Canary Islands Government's strategy to transform the region into an epicenter of innovation and technological development, underlining its potential as an attractive and competitive investment destination," explain from Proexca.
