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US Onsemi to make record investment into chip production in Czechia
US chip maker Onsemi is planning to invest $2 billion in its production facility in Ro\u017enov pod Radho\u0161tem\u2013the biggest single foreign investment in Czechia\u2019s modern history. The company\u2019s chip production in Czechia would shoot up by hundreds of percent, boosting value-added production, creating thousands of new jobs and contributing more than CZK 6 billion annually to the country\u2019s GDP.