In the global chips arms race, Europe makes its move
Will it work better than it did a decade ago?
IN 2013 THE EU launched an ambitious project. The aim was to double the share of microchips made in Europe to 20% of the global total by 2020. Nearly a decade later it remains stubbornly stuck at 10%. If that were not bad enough, Europe no longer makes any of the most advanced chips of the sort that go into data centres or smartphones (see chart). So, prompted by shortages of semiconductors and their growing importance for all sorts of industries, the bloc is having another go.
This article appeared in the Business section of the print edition under the headline “Fabs with benefits”
Business February 12th 2022
- Disney, Netflix, Apple: is anyone winning the streaming wars?
- Why Japan’s Automation Inc is indispensable to global industry
- In the global chips arms race, Europe makes its move
- How long can America Inc’s profits keep rising?
- The sleep-tech industry is waking up
- Rio Tinto and the problem of toxic culture
- As its sale of Arm collapses, the tide is turning against SoftBank
From the February 12th 2022 edition
Discover stories from this section and more in the list of contents
Explore the editionMore from Business
Germans are world champions of calling in sick
It’s easy and it pays well
Knowing what your colleagues earn
The pros and cons of greater pay transparency
A $500bn investment plan says a lot about Trump’s AI priorities
It’s build, baby, build
Donald Trump’s America will not become a tech oligarchy
Reasons not to panic about the tech-industrial complex
OpenAI’s latest model will change the economics of software
The more reasoning it does, the more computer power it uses
Donald Trump once tried to ban TikTok. Now can he save it?
To keep the app alive in America, he must persuade China to sell up