Reported 2 months ago
The Czech town of Roznov pod Radhostem is on the verge of a significant transformation as US chipmaker ON Semiconductor Corp. plans to establish a $2 billion manufacturing hub there. This investment is the largest by a foreign company in three decades for the Czech Republic and aims to produce advanced microchips for electric vehicles and renewable energy. While the expansion promises economic growth and job creation, local concerns about housing and public services are rising, as the town prepares for an influx of new residents.
Source: YAHOO