EU approves Chips Act aiming to double semiconductor market share by 2030
EU approves Chips Act aiming to double semiconductor market share by 2030
The programme should mobilize €43 billion in public and private investment. The Council of the European Union approved a regulation to strengthen Europe’s...
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Good luck with that
Why the sarcasm?
I apologize if I am incorrect, but chip manufacturing is known to be quite challenging in terms of financial and workforce requirements. I suspect @wintersummerland knows how things work in EU and unfortunately I have to agree that we need a lot of luck to get to this 20% mark.
Yes, and I have a mixture of little faith and Dark thoughts as I m lacking examples of well thought out successful digital growths policies. See European search engine efforts, European cloud initiative (where nextcloud is arguably a promising product, which existed before the EU efforts and I am unsure if it is even being aided by the initive) I'm happy to learn about successful efforts if you know some.
To our friend @DarkThoughts of the kbin universe, unfortunately I cannot answer to your post, but your answer is here.
I think the big issue with workforce is getting people onto the career path. Semiconductor manufacturing has traditionally been localised to Asian countries, and even if people from the west would like to specialise with that they just don't have as many options. If Europe puts large investments into the industry and recruits out of universities I think they could definitely build up a strong workforce. Maybe not quite in the timeframe they're aiming for, but there's something to be said for ambitious aims to encourage a harder push.
They're not saying they're aiming for a large share of the market, just twice what they have now. If they have a very small share now, while willingly relying on foreign production, it shouldn't be hard to double that share by improving their underdeveloped manufacturing capacity.
We could joke and say two times 0% is still 0%, but what they're aiming for is probably something like two times 10%, ie 20%. Not a hell of a lot, but twice what they have now.