For an emerging startup, Silicon Box’s European expansion is a bold move. Can it pull it off?
The Italian Minister of Enterprises and Made in Italy Adolfo Urso and Silicon Box’s CEO B.J. Han. (Image source: Minister Urso’s X profile)
What’s at stake:
Less than a year after the launch of its first chiplet foundry in Singapore, Silicon Box is setting its sights on northern Italy to open another advanced panel-level packaging foundry with a $3.6 billion (€3.2 billion) investment. Is the startup overreaching?
Sehat Sutardja, his wife Weili Dai, along with Byung Joon (BJ) Han, three co-founders of the startup Silicon Box, unveiled their plan in Milan this week, accompanied by Adolfo Urso, Italian Minister of Enterprises and the “Made in Italy” initiative.
The move reflects Silicon Box’s push for global expansion, coupled with Italy’s long-standing efforts to attract investment from technology companies.