41–50 of 665 posts
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.
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
(Airbus has pretty heavy government involved, to be fair.)
>Europe’s share of the 440-billion-euro ($533 billion) global semiconductor market is around 10%, with the EU currently relying on chips made abroad. $533 billion for the entire semiconductor industry seems small.. That's like .25 Apples.
Apple's recent annual revenue was ~275B.
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
That you point at ARM is a good sign that you don't know what you are talking about.
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.
Indeed. Is there anything impactful that is somehow European (not from a single European country, but as a collaboration between) with the exception of airbus and CERN? It’s not that there aren’t skills and talents in space, cars, pharma, construction, energy, etc. Edit: clarification.
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…
This push probably won't work because it's a push by politicians. They've managed to create conditions that are not suitable for the organic growth of the semi-conductor industry in Europe. Now they're slowly realizing that it's a problem, but it's a bit too late. You can't force an industry to appear and expect it to be competitive on a global scale. People are still going to be buying devices with chips manufacture…
They could start here. Why Facebook, Google, Amazon don't open massive headquarters in Paris, Madrid, Rome or Berlin, and they rather stick to UK and Switzerland?
Also software managers won't move to Europe for the same reasons. European politicians have the upper hand and the last word in negotiations.
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.
Indeed. Is there anything impactful that is somehow European (not from a single European country, but as a collaboration between) with the exception of airbus and CERN? It’s not that there aren’t skills and talents in space, cars, pharma, construction, energy, etc. Edit: clarification.
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?
Free healthcare, somehow reasonable housing prices outside of huge city centers, proximity to elderly parents, generally higher quality of life, to name few reasons.
The US is very much a tale of two countries - but people here making a lot of money have a great quality of life.
This is a great decision! I never understood why Europe under-invested in semi considering the talents they have and the strategic nature of it. Intel is dying a slow death, ARM is leaving UK's control, and TSMC is slowly taken over by China. The tables are turning.