Europe Should Aim for 20% of All Chipmaking by 2030: Semi

Expanding manufacturing capacities with a “focus on end-sector needs” leads a list of Semi “recommendations” for bolstering semiconductor supply chain resilience in Europe, said the association Wednesday. Expanding Europe’s growth of semiconductor production capacities “must be guided by a clear, future-oriented approach,” said Semi. Amid the increasing demand for “advanced semiconductor components” in automotive, health, telecom and other sectors, Europe’s “mid-term strategy” to increase production capacity should be focused on end-user sectors “with strong presence in Europe,” it said. This will let European chipmakers “identify technological shortcomings,” and drive production of advanced semiconductors “in line with technological progress and evolving needs of industries in Europe and globally,” it said: The long-term goal is for European chipmakers “to secure 20% of global production capacities by 2030,” with a focus on promoting the manufacturing of “advanced technology nodes.”