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Danny Moreno, CEO of Wiyo, and President of AESEMI, express his gratitude with the Spanish Government for considering the Association’s proposals

Wiyo thanks the government for its commitment to the sector following the announcement of an $11 billion EERP for microchips

The company, as a founding member of the Spanish Semiconductor Industry Association (AESEMI), recognises the decisive impetus given by the Executive to the semiconductor industry and recalls the need to provide the legal system with mechanisms that make it possible to get the most out of the funds.

Madrid, 5 April 2022 – Wiyo is one of the leading Spanish companies dedicated to microelectronic design and the development of agnostic and disruptive systems that provide data extracted from the massive and industrial IoT for digitisation platforms and solutions. Wiyo is also a founding member of the Spanish Semiconductor Industry Association (AESEMI), and thanks the Government for having listened to the proposal submitted by the Association, through the public consultation on 29 March, in which more than 50 proposals were submitted, among which mentioned the need to boost the Spanish semiconductor industry, through various activities, including the creation of a new PERTE dedicated to the development of the sector.

Wiyo values the words of the President of the Government, considering that semiconductors are a basic element of all energy sectors and many industrial sectors, and recognises that this is a decisive measure to strengthen investment and public-private collaboration in this strategic industry, both in the effort to seek autonomy in the design and development of components, new products and services, such as connected and intelligent mobility, the digitisation and optimisation of the health sector, as well as the implementation of 4.0 capabilities in the general productive fabric.

In this sense, Danny Moreno, CEO of Wiyo and president of AESEMI, has assured that “this new measure will position Spain as an active player in industrial and technological progress, which will contribute to European strategic autonomy”.

In addition, Wiyo reminds that, in order for Spain to get the most out of these funds, it is necessary to further strengthen the ecosystem along the value chain. Measures must come from government support by experts in the field, in order to address opportunities for economic impact, as well as being able to address crisis situations within the sector. Moreno points out that 80% of the world’s production is concentrated in Southeast Asia, followed by the United States.

For all these reasons, Wiyo, as a founding member of AESEMI, is working to contribute to the development of this strategic autonomy that aims to achieve the joint objective of the European Union, which will materialise with the next European Chip Law and which “we are sure will improve the development and production capacities of the sector throughout the continent”, concluded Moreno.

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