Connect with us

News

According to SNV, Europe should invest in the development, not in the production of microcircuits

Published

on

Europe’s quest to master advanced chip manufacturing could result in the loss of billions of euros. This assessment is contained in the report of the German think tank Stiftung Neue Verantwortung (SNV). Analysts are urging instead of manufacturing to focus on rebuilding the region’s chip design industry.

The author of the report, Jan-Peter Kleinhans, believes that the new goal of the EU leadership to double the region’s share in global semiconductor production by 2030 is doomed to failure, because the block does not have a significant market for these products.

The European Commission last month launched a 10-year plan called the Digital Compass. The plan provides for the construction of a factory capable of producing 2nm microcircuits and capture of 20% of the world semiconductor manufacturing market.

The plan has grown in relevance amid a shortage of semiconductor products caused by a sharp rebound in demand for microelectronic products after the pandemic-related recession that began about a year ago. However, a weakness in the EU’s strategy, Kleinhans said, is that, unlike the US and Asia, Europe lacks a significant chip design industry to justify the costs of setting up a mega-factory.

“The available volume is simply not enough to load the factory,” the analyst is sure. “This would mean that an enterprise in the EU will need to attract foreign customers, which is highly unlikely.”

Industry leaders TSMC and Samsung are already planning investments in the United States to serve chip leaders like Qualcomm or Nvidia, who rely on contract manufacturers for their products. The situation for the EU does not simplify and Intel’s decision to more actively engage in contract manufacturing of semiconductor products.

Instead, Europe should focus on reviving its own chip development industry, which is almost extinct and snapped up by foreign companies, the analyst said.

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Latest News

Phones5 hours ago

OnePlus 9R gaming smartphone went on sale

OnePlus is launching the OnePlus 9R gaming smartphone, which is offered in India in a version with 8GB of RAM...

Wearables5 hours ago

The first Huawei fitness bracelet with continuous monitoring of blood oxygenation, heart rate, sleep, blood pressure and risk of apnea. Huawei Band 6 sales start in China

Today in China, sales of the best Huawei fitness bracelet, as determined by the source, start. The novelty is called...

Phones6 hours ago

TrendForce predicts over 5 billion smartphone camera modules to be shipped this year

In response to the growing consumer focus on camera performance when choosing a smartphone, manufacturers are ramping up the release...

Electric Cars6 hours ago

To the delight of car enthusiasts: Spotify unveiled its first gadget and is temporarily giving it away for free

Spotify, the company behind the streaming music service of the same name, has unveiled its first device. It was a...

Components9 hours ago

MSI Optix MAG342CQ monitor is based on 34 ” concave panel

MSI has announced the release of the Optix MAG342CQ monitor. It is based on a 34-inch VA concave panel. Its...

News9 hours ago

Huawei blames US for chip shortage

Huawei Technologies yesterday blamed the US for the crisis that shook the global tech industry. According to the Chinese manufacturer...

Gaming9 hours ago

Sony Unveils First Major PlayStation 5 Update With Many New Features

Sony has announced the imminent release of the first major system software update for the PlayStation 5. The update will...

News10 hours ago

Sony Xperia 1 III was shown right before the announcement. Official images of the flagship released

Sony will be unveiling the new Xperia phones at a special event this week. Right before the announcement, AndroidNext published...

Most Popular