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Argentine pioneer spies technical niche in semiconductors
By Jude Webber in Chascomús
Workers in white coats and protective shoe covers pad across the duck-egg blue floor of a gleaming new facility built on the site of a former textile factory.
The machines purr rather than roar and it feels more like a sterile hospital than an important part of a 21st century industrial revolution for Latin America.
But Eduardo Eurnekian, one of Argentina’s most successful businessmen whose Corporación América runs 49 airports in seven Latin American and European countries, has spied what he sees as a new niche: semiconductors.
He is planning to invest $1.2bn into an operation that will initially produce chips for smart cards,...