Sanchez Wants Telefonica to Back Spain’s Semiconductor Goals
- Spanish prime minister ousted chairman of carrier last weekend
- Sanchez spoke in a Bloomberg Television interview in Davos
This article is for subscribers only.
Spanish Prime Minister Pedro Sanchez said he hopes that Telefonica SA’s new management will take the company in a different direction and help to develop his country’s semiconductor industry.
“Telefonica has a major role to play in different aspects of our economy,” Sanchez said in an interview with Bloomberg TV’s Francine Lacqua at the the World Economic Forum in Davos on Wednesday. “Regarding the semiconductor industry and the digital economy, of course I think it could play a very important role.”