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EU countries team up for semiconductor push

reuters.com

11–20 of 665 posts

Re: EU countries team up for semiconductor push

#11
post #5

Earlier quoted context omitted.

Beat me to it. Also Sweden is leading in tech, how exactly?

They have number dispensers at the meat or bread counters in supermarkets which is quite neat. You do not have to wait in a queue and can do your other grocery shoppings until the display shows your number. ;)

lol

Re: EU countries team up for semiconductor push

#13
post #3
post #2

Arguably the most technically advanced EU country Sweden always avoids Franco-German initiatives and the leader in chip technology in Europe is the brexiting UK with the globally dominant ARM platform (soon to be acquired by NVIDIA from Softbank).

Isn't ASML [0] the leading manufacturer of photolithography machines? They are dutch. [0] https://en.wikipedia.org/wiki/ASML_Holding

Yes, as a European, the past two decades were maddening. Europe had no vision concerning strategic industrial assets. Advanced steel production was sold to India. Key assets in the energy sector were pillaged by GE. The UK sold a leader in chip design to Japan and despite having ASML being at the forefront of photolithography there still is no credible fab in the EU. The pandemic really highlighted some major shortcomings regarding the EU production capacity.

These are major failures. Hopefully, as this was mostly due to constant sabotages by the UK, the situation will improve now that they are gone. Sadly, their constant push for enlargement can't really be undone and might still doom the union in the end.

Re: EU countries team up for semiconductor push

#14
post #10

What will actually happen: some countries will spend a trivial amount of money in a PR stunt with not coordination between the countries and result in no advance for the EU countries participating. Source: All other industries in Europe.

Energy, Steel, Semi(ARM), Pharma, Luxury, Distribution, Telecom

Giants in Europe, there are a lot more

Only Americans think the opposite, i wonder why..

And speaking of market, Europe is a big player, https://www.vgchartz.com/ console sales speak for itself

Stop being brainwashed

Re: EU countries team up for semiconductor push

#15

I find it quite off putting, that the general approach of EU institutions is to direct resources and economic activity from the top. It not only has demonstrated to be a failure economically, but it's an arrogant attitude by politicians, giving the message they know better than individuals, and that a free market leads to preventable bad outcomes. Also, it's tied to price controls and redistribution concepts. They wi…

One minute past the comment and it already fetched 2 downvotes. Apparently being concerned about dirigism is detrimental to the community. Pretty sure they work for the government / do badly in the free market.

Someone apparently has bad memories from the USSR-era where they centrally planned the whole economy, including how much people have sex.

Re: EU countries team up for semiconductor push

#16

I find it quite off putting, that the general approach of EU institutions is to direct resources and economic activity from the top. It not only has demonstrated to be a failure economically, but it's an arrogant attitude by politicians, giving the message they know better than individuals, and that a free market leads to preventable bad outcomes. Also, it's tied to price controls and redistribution concepts. They wi…

One minute past the comment and it already fetched 2 downvotes. Apparently being concerned about dirigism is detrimental to the community. Pretty sure they work for the government / do badly in the free market.

My understanding is that Hacker News etiquette includes "downvote as simple sign of not agreeing" not only "downvote if a comment is low effort".

Re: EU countries team up for semiconductor push

#17

I find it quite off putting, that the general approach of EU institutions is to direct resources and economic activity from the top. It not only has demonstrated to be a failure economically, but it's an arrogant attitude by politicians, giving the message they know better than individuals, and that a free market leads to preventable bad outcomes. Also, it's tied to price controls and redistribution concepts. They wi…

> I find it quite off putting, that the general approach of EU institutions is to direct resources and economic activity from the top

Isn't that method exactly how the silicon valley, and with it companies like Intel, were created? By the US DoD directing money from the top?

Re: EU countries team up for semiconductor push

#18
post #12

How will they be keeping talent? I heard workers in IT are paid low compared to other jobs and especially compared to similar jobs in North America, what stops them. from just going to US/Canada?

>what stops them. from just going to US/Canada?

As an European working in a sector very close to the semiconductor industry my main reason is that I don't want to live in the US/Canada.

Re: EU countries team up for semiconductor push

#19
post #10

What will actually happen: some countries will spend a trivial amount of money in a PR stunt with not coordination between the countries and result in no advance for the EU countries participating. Source: All other industries in Europe.

Pretty much. I mean in theory someone could build a new fab in Europe, using European-built machines (from ASML). In practice, it'll involve government involvement so it HAS to become a multi-national endeavour where every country wants to leave their mark on it, and of course said countries' work culture / ethic.

Even if it is a standalone company, it'll be vying for that dank european subsidy.

Re: EU countries team up for semiconductor push

#20

I find it quite off putting, that the general approach of EU institutions is to direct resources and economic activity from the top. It not only has demonstrated to be a failure economically, but it's an arrogant attitude by politicians, giving the message they know better than individuals, and that a free market leads to preventable bad outcomes. Also, it's tied to price controls and redistribution concepts. They wi…

One minute past the comment and it already fetched 2 downvotes. Apparently being concerned about dirigism is detrimental to the community. Pretty sure they work for the government / do badly in the free market.

Are you aware how Silicon Valley came into being? The Internet? The moon landing?
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