As semiconductor manufacturing in the Czech Republic dates back to the 1950s, there is hardly a country with a more extensive tradition in the semiconductor industry in the CEE region.
Innovation and creativity have long been hallmarks of the Czech Republic. After all, the term "robot" was coined by the Czech writer Karel Čapek in 1921. The Czech Republic can boast a considerably developed knowledge base, modern infrastructure enabling world-class R&D in photonics and micro/nanoelectronics, and sufficient potential for R&D application results into the industry. Furthermore, the university talent pool, combined with an excellent research environment, provides a good base for further expansion of research and production capacities. The country also has a high share of R&D personnel and R&D expenditures.