Technological devices or electronic equipment designed for various purposes. - European semiconductor hubs seek increased collaboration
The European regions focused on semiconductors are aiming to intensify their collaborations. Michael Kretschmer, Prime Minister of Saxony (CDU), expressed his thoughts during the first yearly gathering of the ESRA semiconductor alliance of European regions in Dresden, stating, "This fundamental technology should have a solid foundation in Europe." The alliance will play a major role in maintaining Europe's competitiveness in the semiconductor industry, bolstering its technological independence, and generating new jobs and economic growth in the regions.
ESRA adopted its first collective statement at the event, stressing the necessity of long-term support for the European semiconductor sector, reinforcing research and development, and establishing favorable and affordable conditions. To mitigate the deficit of trained workers, the alliance desires to work jointly on vocational training. Initiated by Saxony in September 2020, ESRA now has 31 member regions from 12 nations.
The European Economic Area has a substantial size and importance; however, it lags behind at various points, as revealed by the European share of 10% in global microchip production. For decades, the global competition in microelectronics has been imbalanced due to hefty subsidies in Asia. As Kretschmer pointed out, "If we want this part of production, the science, the applications to take place in Europe, then we'll need to redress this distortion in competition to some degree."
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