The global semiconductor value chain
semiconductor industry plays a key role in the US–China technology rivalry. The U.S. government proposed legislation in summer 2020 to invest $22 bil - lion in its domestic semiconductor industry.6 For the past several decades, China has invested heavily in its own semiconductor industry, with limited
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The lack of semiconductor manufacturing in Europe
www.stiftung-nv.deEuros in public and private investment. To make this investment strategically sound in the long-term, such an “EU foundry” must have a solid business case based on substantial demand in the market, especially in the highly competitive market of cutting-edge chip manufacturing which has almost insurmountable barriers to en-try.
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