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European Commission Launches $12 Billion Chip Support Campaign

Posted by timothy on from the there-would-be-this-thing-called-comparative-advantage dept.

An anonymous reader writes "Neelie Kroes, European Commission vice president responsible for the digital economy, wants to use 5 billion euros of European Union tax payers' money, together with matching funds from the chip industry, to recreate European success in semiconductors similar to that of Airbus. Because of its strategic importance to wealth creation Kroes wants Europe to reverse its decline in chip manufacturing and move back up from 10 percent to 20 percent of global production."

1 of 111 comments (clear)

  1. Re:Ask IBM why they left . . . ? by Nimatek · · Score: 3, Informative

    Infineon Technologies (http://en.wikipedia.org/wiki/Infineon_Technologies), a Siemens spin-off do. They actually even have more facilities than listed on the wiki page.