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KDPOF receives IPCEI investments to build an optoelectronics packaging plant in Spain

This is a translated extract of the article “PERTE Chip o la ambición de situar a España enel mapa de los semiconductores” by Marilés de Pedro for Newsbook, first published on 5 February 2024 in Spanish.

‘It is the most ambitious PERTE of the Strategic Projects for Economic Recovery and Transformation. Approved in April 2022, the PERTE Chip has a budget of around 12,250 million euros until 2027 and aims to boost the semiconductor sector in Spain. A PERTE, in line with the provisions of the European Chip Law, which came into force last September and which seeks to promote the strategic autonomy of the EU in this critical area. In Spain, the first aid was granted last December to a total of 15 projects, totaling 50 million euros, thanks to the approval last October of the Addendum to the Recovery Plan, which made it possible to mobilize all the resources allocated to Spain from the NextGeneration EU funds …’

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KDPOF at CHIPNATION Congress

We’re delighted to have been part of the first edition of the CHIPNATION Congress, held on 28 November 2023 in Getafe, Spain. It has been a good opportunity to show our automotive optical gigabit connectivity demo to the Spanish industry and experts. Thank you for all the great and inspiring meetings at our stand. In addition, we enjoyed and profited from interesting conference sessions.

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KDPOF receives IPCEI investments to build an optoelectronics packaging plant in Spain

KDPOF proudly announced that the European Commission has granted access to the 8.1 billion European investment IPCEI for their projected packaging plant for optoelectronic devices in Spain. “The funding supports us in making our plans of manufacturing ICs in Europe come true in the near future,” stated Carlos Pardo, CEO and Co-founder of KDPOF. “European fabs only manufacture approximately 10 percent of semiconductors worldwide, making us dependent on Asia and the United States. We will pioneer the manufacturing of automotive optoelectronics in Spain in high volume, thus reducing this dependency.” Read more