Belgium’s last semiconductor manufacturer, BelGaN, which went bankrupt last year, is likely to restart, according to its receivers on Friday.
This announcement was completely unexpected as some stock had been liquidated and over 400 staff members were laid off.
Discussions have been ongoing for several weeks with potential buyers interested in purchasing the Audenarde facility and preparing a business plan to restart chip production.
Curators believe the chances of these negotiations succeeding are high, with three candidates preparing a “best and final” offer.
If successful, this would mean a revival of chip production at Belgium’s last semiconductor manufacturer, continuing into future years.
The loss of this strategic industry had caused significant political reactions when its closure was announced in 2024.
Semiconductor production is crucial, given the 2020 global production chain shortage and potential future trade wars.
Receivers have not disclosed details about the potential buyers to avoid disrupting negotiations but indicated that they are European and Asian entities.
The new company would initially employ around 100 people, with potential growth in the future.
BelGaN, based in Oudernarde, is specialised in gallium nitride-based semiconductors for the automotive sector, rather than the usual silicon; the new operation is expected to continue using this technology.
