Spanish Government Delegation Visits Desay SV Intelligent Factory
These visits underscore the strategic importance of the Desay SV project as a pillar of reindustrialization in Andalusia — revitalizing the region's economy, generating quality employment, and establishing Linares as a new center for smart mobility and high-tech manufacturing.
Spain has long held a key position in the global automotive sector. In July 2024, Desay SV officially broke ground on its intelligent factory in Linares, Andalusia, marking a significant milestone in the company's strategy for international expansion. The factory is scheduled for completion by the end of 2025, with mass production starting in 2026. It aims to manufacture 1.5 million automotive displays annually by 2028, delivering cutting-edge cabin and driving assistance technologies to global clients.
– Boosting Local Industry and Employment –
On June 24, 2025, Juanma Moreno, President of Andalusia, visited the Santana Science and Technology Park to observe construction progress. He praised Desay SV for bringing the 'most powerful' automotive touchscreens to the market and emphasized the company's role in rebuilding the local automotive ecosystem. Juanma Moreno noted that the Desay SV intelligent factory project represents a major Chinese investment, and that the project will create a value chain ecosystem that will boost the economic development of the region. The project will serve as a successful example of industrial revitalization 14 years after the closure of Santana Motor.
When discussing future support measures, he mentioned plans to strengthen the role of Andalusia's key automotive hub by offering additional regional incentives and administrative support for companies in the park, including Desay SV.
– A Strategic National Initiative –
Two days later, on June 26, Jordi Hereu, Spain's Minister of Industry and Tourism, toured the site and reinforced central government backing. The Spanish government has allocated €5.5 million to Desay SV through PERTE VEC III to support sustainable transportation and industrial modernization.
Minister Jordi Hereu described the project as a 'strategic flagship initiative' for Spain's automotive transformation. 'After decades of deindustrialization in Europe, Spain and Andalusia are now entering a new industrial era,' he said. 'This project represents our great cooperation with Chinese companies and our shared ambition to lead the future of mobility together.'
Against the backdrop of international instability, Desay SV is actively deepening its localization strategy, establishing a presence in markets including Europe, Japan and Southeast Asia, while continuously strengthening its regional service networks. The Spanish intelligent factory project is a key initiative for Desay SV to position itself within the global automotive supply chain, offering competitive innovative products and highly efficient services.
Photo – https://mma.prnewswire.com/media/2730144/1.jpgPhoto – https://mma.prnewswire.com/media/2730145/2.jpgPhoto – https://mma.prnewswire.com/media/2730146/3.jpg
View original content:https://www.prnewswire.co.uk/news-releases/spanish-government-delegation-visits-desay-sv-intelligent-factory-302504142.html
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Malaysian Reserve
3 hours ago
- Malaysian Reserve
GLOBAL CEOS TO CONVENE IN BEIJING FOR LANDMARK FORUM ON SUSTAINABLE TRANSITION
The inaugural Sustainable Markets Initiative China Forum will bring together CEOs, innovators and senior government officials for a dialogue on global efforts to drive sustainable transition and showcase advances in innovation, investment and action in China LONDON and BEIJING, July 15, 2025 /PRNewswire/ — A groundbreaking international forum aimed at accelerating the global transition to sustainability will take place in Beijing from July 15 to 17, drawing CEOs from the world's leading companies alongside top Chinese CEOs and senior Government Leaders. It will mark the first time global and Chinese CEOs have gathered in China under the SMI banner, to directly collaborate in driving solutions and accelerating action to support the global transition. The Sustainable Markets Initiative China Forum, the first of its kind to be held in China, will be hosted jointly by the Sustainable Markets Initiative (SMI) and the China Chamber of International Commerce (CCOIC). Recognizing China's crucial role in the global economy, its growing climate and biodiversity leadership, and the interconnected reality of global supply chains, the SMI China Forum offers a unique CEO-level convening for dialogue and action on sustainable innovation and global cooperation. The Forum coincides with the 3rd China International Supply Chain Expo (CISCE), highlighting China's global leadership in clean energy. As President Xi Jinping noted in an address on climate in April 2025, China has built the world's largest and fastest-growing renewable energy system as well as the largest and most complete new energy industrial chain. It remains the world's largest producer of solar, wind, and hydropower, and is the top investor in clean technologies—surpassing the combined investments of the next ten countries. The Sustainable Markets Initiative was launched in 2020 by His Majesty King Charles III – then the Prince of Wales. It is now the world's go-to private sector organization for sustainable transition, by facilitating action between world leaders and CEOs to position sustainability at the heart of value creation. In so doing, the SMI seeks to mobilize the trillions of dollars required to achieve a sustainable future and a new era of global prosperity that will last for generations to come. In October 2021, President Xi Jinping invited His Majesty King Charles III, as Prince of Wales, to address virtually the COP 15 UN Biodiversity Conference in Kunming and to establish the SMI China Council. In August 2022, the China Chamber of International Commerce (CCOIC) became the official host of the Sustainable Markets Initiative's China Council at an inauguration ceremony in which His Majesty as Prince of Wales also participated virtually. Through the SMI China Council, the SMI has deepened its relationships across industries through win-win partnerships The SMI China Council currently has workstreams covering Health, Energy, Carbon Capture and Storage, Water & Sustainable Finance. Roundtable discussions during the forthcoming Forum will tackle pressing topics including sustainable supply chains, emissions reduction, electrification, artificial intelligence, and the future of aerospace and space exploration. Commenting on the inaugural SMI China Forum Jennifer Jordan-Saifi, M.V.O., CEO of the Sustainable Markets Initiative, said: 'The inaugural SMI China Forum creates a new bridge between Chinese and international business leaders. Win-win cooperation across borders, industries, supply chains and finance will help accelerate the world's achievement of a sustainable future while seizing transition as the growth story of our time. Since the establishment of the SMI's China Council four years ago, we have witnessed first-hand the innovative approaches being adopted by business leaders across China. Today, China leads the world in solar, wind and EV capacity and is proving the economic case while demonstrating the speed at which transition results can be achieved.' Speaking at the COP 15 UN Biodiversity Conference in Kunming, His Majesty, as Prince of Wales, previously said, 'Chinese culture has long understood, our interrelationship with Nature is critical for our own health and that of everything around us. When we protect lands and Ocean, we in fact protect ourselves.' In his 23 April 2025 speech on climate, President Xi Jinping said 'Clear waters and green mountains are just as valuable as gold and silver. Green transformation is not only the essential way to address climate change, but also a new engine for economic and social development. ''[1] Notes to editors About the Sustainable Markets Initiative The Sustainable Markets Initiative (SMI) is the world's go-to private sector organization for sustainable transition; characterized by our unique brand of 'private sector diplomacy'. With the vision of our founder, His Majesty King Charles III, and our unique convening power, the SMI facilitates action between world leaders and CEOs to position sustainability at the heart of global value creation. Together, we seek to mobilize the trillions of dollars required to achieve a sustainable future. Investment at this scale requires global systems-level change with a default sustainable orientation across markets, industries and supply chains. Here, our mandates, the Terra Carta and Astra Carta, provide practical private sector trajectories. The SMI believes that with bold ambition and courageous leadership, we can seize a new era of global prosperity that will last for generations to come. We call this 'The Growth Story of Our Time'. Read more: [1] Remarks by H.E. Xi Jinping President of the People's Republic of China at the Leaders Meeting on Climate and the Just Transition_Ministry of Foreign Affairs of the People's Republic of China Logo – View original content:
Malaysian Reserve
3 hours ago
- Malaysian Reserve
Feel Good Foods Delivers Craveable, Gluten-Free Satisfaction With New Crispy Chicken Bites
NEW YORK, July 15, 2025 /PRNewswire/ — The rumors are true: Feel Good Foods®, the #1 Natural Brand in Frozen Snacks & Appetizers, has launched the ultimate crave-worthy snack: gluten-free Crispy Chicken Bites! 'These Crispy Chicken Bites deliver delicious flavor in every bite. It's elevated comfort food – you'd never believe they're gluten-free!' says Vanessa Phillips, founder of Feel Good Foods. Tender, crispy, and with 16 grams of protein per serving, these Feel Good Foods Crispy Chicken Bites are made to satisfy and fuel. Each 10oz pack contains white meat chicken bites fried to perfection in a crispy tempura batter and served with sweet chili dipping sauce. Made with real, simple ingredients and certified gluten-free, consumers can feel good about indulging in these chicken bites. Cooking in just minutes in the air fryer or oven, Feel Good Foods Crispy Chicken Bites are designed to deliver a deliciously satisfying experience that requires minimal time and effort. This new addition to the Feel Good Foods portfolio is poised to appeal to a broad audience of crispy chicken lovers, gluten-free or not. Feel Good Foods Crispy Chicken Bites joins an all-star lineup of delicious consumer favorites, including new Mini Pizza Bagels, Mozzarella Sticks, and Pancake Balls. About Feel Good Foods:Feel Good Foods is a company specializing in simple, delicious, certified gluten-free frozen snacks, appetizers, and breakfast. Founded by Vanessa Phillips, who was diagnosed with celiac disease, the company aims to recreate beloved comfort foods without gluten, ensuring that everyone, including gluten-free consumers, can enjoy their favorite dishes. Learn More by visiting and following Feel Good Foods on social media:Instagram: @feelgoodfoods Facebook: Feel Good FoodsTikTok: @feelgf Contact: mediarelations@
The Star
3 hours ago
- The Star
Chinese firms rush to buy Nvidia AI chips as sales set to resume
BEIJING/HONG KONG: Chinese firms are scrambling to buy Nvidia's H20 artificial intelligence chips, two sources told Reuters, as the company said it planned to resume sales to the mainland days after its CEO met U.S. President Donald Trump. Nvidia's AI chips have been a key focus of U.S. export controls designed to keep the most advanced chips out of Chinese hands over national security concerns. The U.S.-listed company has said the curbs would cut its revenue by $15 billion. The world's most valuable firm is filing applications with the U.S. government to resume sales to China of the H20 graphics processing unit (GPU), and expects to get the licences soon, Nvidia said in a statement. "The U.S. government has assured Nvidia that licences will be granted, and Nvidia hopes to start deliveries soon," said the company, whose chief executive, Jensen Huang, is visiting Beijing and set to speak at an event on Wednesday. Rival AI chipmaker AMD also said it was informed by the U.S. Department of Commerce that licence applications to export its MI308 chips to China will be moving forward for review. AMD, which has forecast a $1.5 billion revenue hit this year due to the U.S. export curbs, plans to resume shipments of these chips when licences are approved, it said in an emailed statement. Shares of both Nvidia and AMD jumped about 5% in premarket trading. "This is a major catalyst for Nvidia shares, as many had written off the chance of any meaningful revenue coming from China," said Matt Britzman, senior equity analyst, Hargreaves Lansdown. The White House, which has previously expressed concern that the Chinese military could use AI chips to develop weapons, did not respond to a request for comment. Chinese companies have scrambled to place orders for the chips, which Nvidia would then need to send to the U.S. government for approval, the sources familiar with the matter said. They added that internet giants ByteDance and Tencent are in the process of submitting applications. Central to the process is a approved list put together by Nvidia for Chinese companies to register for potential purchases, one of the sources said. ByteDance and Tencent did not respond to a request for comment. Nvidia declined to comment on the approved list system. Nvidia, which has criticised the export curbs the Trump administration imposed in April that stopped it from selling its H20 chip in China, also said it has introduced a new model tailored to meet regulatory rules in the Chinese market. Huang is set for a media briefing in Beijing on Wednesday when he attends a supply chain expo. The Nvidia CEO also visited China in April and stressed the importance of the Chinese market. "The Chinese market is massive, dynamic, and highly innovative, and it's also home to many AI researchers," Huang told Chinese state broadcaster CCTV on Tuesday. "Therefore, it is indeed crucial for American companies to establish roots in the Chinese market." Asked at a regular foreign ministry briefing in Beijing about Nvidia's plans to resume AI chip sales, a spokesperson said, "China is opposed to the politicisation, instrumentalisation and weaponisation of science, technology and economic and trade issues to maliciously blockade and suppress China." SUPPLY CHAIN Nvidia has faced increased competition from Chinese tech giant Huawei and other makers of GPUs - the chips used to train artificial intelligence. But Chinese companies, including big tech firms, still crave Nvidia chips for its computing platform known as CUDA. Huang's visit is being closely watched in both China and the United States, where a bipartisan pair of senators last week sent the CEO a letter asking him to abstain from meeting companies working with military or intelligence bodies. The senators also asked Huang to refrain from meeting with entities named on the United States' restricted export list. The move to resume sales of the H20 chips comes amid easing tensions between Washington and Beijing, with China relaxing controls on rare earth exports and the United States allowing chip design software services to restart in China. "The uncertainties between the U.S. and China remain high and despite a pause in H20's ban, Chinese companies will continue to diversify their options to better protect their supply chain integrity," said He Hui, research director of semiconductors at Omdia. The H20 chip was developed specifically for the Chinese market after U.S. export curbs imposed on national security grounds in late 2023. The AI chip was Nvidia's most powerful legally available product in China until it was effectively banned by Washington in April. The H20 ban forced Nvidia to write off $5.5 billion in inventories, and Huang told the Stratechery podcast that the company also had to walk away from $15 billion in sales. But now, the possibility of new licences could represent about $15 billion to $20 billion in additional revenue this year, depending on when the approval is granted and how quick the deliveries can ramp back up, said Hargreaves' Britzman. "There's also a chance Nvidia can reverse some, or all, of the $5.5 billion impairment charge taken in the first quarter, providing a double boost for earnings." Nvidia also announced the development of a new AI chip designed specifically for China, called the RTX Pro GPU. The company described it as "fully compliant" with U.S. export controls and suitable for digital twin AI applications in sectors, such as smart factories and logistics. In May, Reuters reported Nvidia was preparing to launch in China a new AI chip, based on the RTX Pro 6000D, at a significantly lower price point than the H20. The graphics processing unit would be part of Nvidia's latest generation Blackwell-architecture AI processors and was expected to be priced well below the H20 for its weaker specifications and simpler manufacturing requirements, sources said. China generated $17 billion in revenue for Nvidia in the fiscal year ending January 26, or 13% of total sales, based on its latest annual report. Huang has consistently highlighted China as a critical market for Nvidia's growth. - Reuters
