Berlin (Reuters)-Europe's ambition to produce the most powerful computer chips could waste billions of euros, a German think-tank said in a report on Thursday, urging policy makers to focus instead on rebuilding the region's chip design industry.
Jan-Peter Kleinhans, author of the report, said the European Commission's new goal of doubling the EU's share of the global semiconductor market by 2030 was doomed to fail because there was a lack of meaningful markets in the region where any ultra-advanced chip manufacturers could enter and sell.
Kleinhans, an analyst at Stiftung Neue Verantwortung (SNV), a German think-tank, said: "for an EU chip manufacturer, there is no business reason at all in Europe at the moment, mainly because of a lack of customers."
The European Commission last month launched a 10-year plan called the Digital Compass, which aims to capture 20 per cent of the global semiconductor market and build a chip factory that can make ultra-fast 2-nanometer chips.
The problem with EU strategy is that, unlike the US and Asia, Europe lacks a meaningful chip design industry that justifies the cost of building giant chip factories, Kleinhans said in an interview with Reuters. (end)
* if you want to refer to the original report, please click and browse *
(compiled by Liu Jing; revision Mother Red)
(REBECCA.LIU@thomsonreuters.com; 4169418108; Reuters Messaging:
Rebecca.liu.thomsonreuters.com@reuters.net)
Jan-Peter Kleinhans, author of the report, said the European Commission's new goal of doubling the EU's share of the global semiconductor market by 2030 was doomed to fail because there was a lack of meaningful markets in the region where any ultra-advanced chip manufacturers could enter and sell.
Kleinhans, an analyst at Stiftung Neue Verantwortung (SNV), a German think-tank, said: "for an EU chip manufacturer, there is no business reason at all in Europe at the moment, mainly because of a lack of customers."
The European Commission last month launched a 10-year plan called the Digital Compass, which aims to capture 20 per cent of the global semiconductor market and build a chip factory that can make ultra-fast 2-nanometer chips.
The problem with EU strategy is that, unlike the US and Asia, Europe lacks a meaningful chip design industry that justifies the cost of building giant chip factories, Kleinhans said in an interview with Reuters. (end)
* if you want to refer to the original report, please click and browse *
(compiled by Liu Jing; revision Mother Red)
(REBECCA.LIU@thomsonreuters.com; 4169418108; Reuters Messaging:
Rebecca.liu.thomsonreuters.com@reuters.net)