back to article EU semiconductor investment not nearly enough, warns chip boss

EU funding to boost the region's semiconductor industry under the European Chips Act is nowhere near enough investment to meet the targets set for 2030, according to the head of one of its largest chip companies. asml buidling site near its HQ in Veldhoven, The Netherlands, last year (May 2020) A bright spot in Europe's chip …

  1. codejunky Silver badge

    Shock

    Give me more! About all governments hear.

    1. Anonymous Coward
      Anonymous Coward

      Re: Shock

      Brexit means the UK left the EU. And has no say in the semiconductor business anyway. You're out.

      Cheerio.

      1. codejunky Silver badge

        Re: Shock

        @AC

        "Brexit means the UK left the EU. And has no say in the semiconductor business anyway. You're out."

        I know. If you read my post history you will see I think its a good thing. Both the UK not being the one giving away the money and brexit.

        1. Yet Another Anonymous coward Silver badge

          Re: Shock

          But now we control our own beaches, which is where the silicon comes from.

          And the new science minister/pub landlord informs us that chips are important and the British seaside are experts in chips

        2. DS999 Silver badge

          Re: Shock

          You still think Brexit was a good idea, despite the UK's economy getting worse and worse since 2016?

          Well, I guess no matter how bad it gets you can always claim "it would be even worse if not for Brexit" and there's no way anyone can disprove that.

          1. Anonymous Coward
            Anonymous Coward

            Re: Shock

            The UK economy tanking is Keir Starmer's fault.

            According to this unelected, Peruvian, Brexit architect. [Content Warning: Conservative Home]

          2. codejunky Silver badge

            Re: Shock

            @DS999

            "You still think Brexit was a good idea, despite the UK's economy getting worse and worse since 2016?"

            Yes why? So far it has been a good move and given pretty good justification for leaving.

            "Well, I guess no matter how bad it gets you can always claim "it would be even worse if not for Brexit" and there's no way anyone can disprove that."

            It depends. There wouldnt be a rabid attempt to force remain to the detriment of the brexit negotiations for 3 years and desperate hopes of tanking the country if we did leave. We can be certain that wouldnt have happened.

            We can also take a fairly reasonable hypothetical view of remaining over covid. Unless we believe the UK to be better run than every member country and the EU itself (I certainly dont) we can be sure to have joined the joint procurement for vaccine and been late to get any. That would be on top of the governments failures over covid anyway. We would also be on the hook for the covid bailout fund in the stagnating EU.

            We were much quicker to support Ukraine and are not tainted by EU infighting which is making up for the taint of being in the EU when it caused problems in Ukraine.

            Also if you consider the UK economy to be bad then I guess you are also disappointed in the EU economy? Especially the EU proper?

            1. DS999 Silver badge

              Re: Shock

              The EU economic issues are mostly due to their overreliance on Russian gas, which has proven to be a bad bet especially after Crimea.

              1. codejunky Silver badge

                Re: Shock

                @DS999

                The first thing I notice about your comment is how swiftly you avoided the entire body of the content and skipped to the very last line which observes that your complaints about the UK economy since brexit dont stack up when you look at the EU.

                You tried to complain about brexit but I pointed out with with barely any effort why it was such a self inflicted problem and how the UK saw immediate benefits.

                Second-

                "The EU economic issues are mostly due to their overreliance on Russian gas, which has proven to be a bad bet especially after Crimea."

                Overreliance on Russian gas, which is not helped by the continued push to be reliant on gas with no intention of digging it up. Go green.

                Or the covid vaccine crisis which showed how uncoordinated the centre is in their grasp for power and how self serving the members are when they are faced with their own voters.

                Or their unfunny joke of a currency that is again fracturing as it is both undervalued and undervalued all at the same time. The twin engine of growth lost one a while back and the other is choking. Something imposed to strengthen the EU binding members together causing harm and dragging them all down with it.

      2. This post has been deleted by its author

  2. Pascal Monett Silver badge

    "I don't think people realize how much investment chip fabrication requires"

    And I don't think people realize how much pure water the industry uses.

    Not saying that we shouldn't do it, but water management should definitely be part of the equation.

    1. Yet Another Anonymous coward Silver badge

      Re: "I don't think people realize how much investment chip fabrication requires"

      Which is why non of these plants will be built here.

      On the one hand we have a multi Bn euro investment in a strategic product vital to all modern life, on the other we have the committee to save the lesser spotted stickleback.

      (The CTSTLSS is not affiliated with the committee to stop any more building or traffic anywhere near our nice £1M homes)

  3. fg_swe Bronze badge

    IT AIRBUS

    What we need is a replay of the Airbus success story in computers, semiconductors, software. We already have many pieces, that just need to be put together:

    + QT GUI library

    + seL4 high security microkernel

    + ARM CPU, EPI

    + CompCert proven correct C compiler

    + Modula 2 and other memory safe languages

    + SPARK Ada

    + Mixed signal semiconductor experience at NXP, STM, INFINEON and more

    + GNSS receivers and mobile modems from u-blox

    We could easily build laptops and mobile phones which are systemically more secure and efficient than the U.S. competitors. Single European nations don't have the financial or manpower resources. A company similar to Airbus must be founded and financed to this end. Then we can be as successful as Airbus is in aircraft (50% market share worldwide). No need for a single currency or a dysfunctional EU to do this. What we need is another Franz Josef Strauss and another Charles DeGaulle to pull this off.

  4. EmilPer.

    the chips that are missing right now are old

    The chips that the car industry and others can't find right now are old and very old generations, you don't need a 5nm chip to drive the door window motors or to run the windshield wipers or push gas into the cylinders.

    Old generations of chips are used in computer motherboards too, and in most electronics.

  5. Anonymous Coward
    Facepalm

    Suggested generic headline

    <country> <business> investment not nearly enough, warns <business> boss

    Color me not at all surprised that bosses want their troughs filled to overflowing.

    1. Yet Another Anonymous coward Silver badge

      Re: Suggested generic headline

      Surely what business are saying is that this industry is far too large and important to be funded by risk capital and the only solution is nationalisation

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