Amidst the ongoing impact of the global chip crisis, major economies worldwide have initiated significant measures to safeguard their supply chains. In line with this, Türkiye is set to commence its own chip production in the near future.
According to a report by Anadolu Agency, the Turkish Industry and Technology Minister Mehmet Fatih Kacir announced that Qatar and Türkiye are planning to collaborate on a semiconductor production investment.
During a news conference held in Ankara, Kacir announced that the investment for producing 65-nanometer chips, previously planned by Qatar, would be relocated to Türkiye. He stated that the investment is estimated to exceed $60 million.
He also mentioned that Türkiye’s goal is to attract additional international investors to pursue more significant investments in the semiconductor industry.
Read more: Global semiconductor revenue to decline 11 percent in 2023: Report
It has been reported by management consulting company Gartner in January that the chip industry’s global market size has surpassed $600 billion, and it is projected to reach nearly $1.5 trillion by 2030.
The partnership between Qatar’s Hamad Bin Khalifa University (HBKU) and the Scientific and Technological Research Council of Türkiye (TÜBİTAK) will establish a chip investment project, where the machinery and equipment needed for the production line will be provided by HBKU. TÜBİTAK will oversee the construction of the clean rooms, installation of machinery imported from Qatar, and operation of the facility. The TÜBİTAK Chip Production Facility aims to design semiconductors using domestic and national resources, in addition to its primary focus on production.
Togg
Additionally, Kacir stated that Türkiye is currently focusing on increasing its export capacity and meeting domestic demand by expediting investments in new generation, hybrid, and electric vehicles.
Kacir further announced the production of one million units of Togg, Türkiye’s first domestic electric car brand, by the year 2032. Togg has already launched its first model, the T10X, in the domestic market and plans to deliver 20,000 units of electric cars by the end of this year.
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