World's top chip maker mulls global expansion with plants in Europe, Japan | CNN Business

The company is considering opening its first plant in Europe and a second one in Japan, its CEO CC Wei said in an earnings call on Thursday.

’s new plans on Thursday, Wei said that in Europe “we’re engaging with customers and partners to evaluate the possibility of building a specialty fab, focusing on automotive-specific technologies, based on the demand from customers and level of government support.” A fab refers to a semiconductor fabrication plant. The company is also considering building a second fab in Japan, “as long as the demand from customers and the level of government support makes sense,” he said.

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