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EU countries team up for semiconductor push

reuters.com

81–90 of 665 posts

Re: EU countries team up for semiconductor push

#81
post #75

Earlier quoted context omitted.

We have that in Germany as well in some places (CITTI Markt, Northern Germany)

Yeah but CITTI is the only one to actually do modern stuff (although coop/Sky tried out a few as well, but that ended with the REWE acquisition). And outside of SH, it's even worse.

There is a rewe here using e-ink price signs. But it’s privately owned so that doesn’t really count ;)

And at least for my normal rewe, it would make no sense to have those numbers, the average is below 1 person who’s in front of me at the counter.

Re: EU countries team up for semiconductor push

#82
post #60
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?

In most places the cost of living is pretty low compared to the US, so even the admittedly lower engineer salaries in Europe can give you a very comfortable lifestyle. Eg. in France if you make 60-80k and live anywhere other than Paris you're doing great. For the top end of talent there's always freelancing, with a different, higher band of earning levels.

>Eg. in France if you make 60-80k and live anywhere other than Paris you're doing great.

Except that how many devs outside of Paris make 60-80k?

Most French engineers I met in Germany left France because of low wages outside of Paris which is so expensive that most of your wage gains evaporate anyway unless you have a baller job in finance or management consulting.

Re: EU countries team up for semiconductor push

#83
post #8

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.

what's weird is that Europe has never been that bad, there are ST Microelectronics MEMS and MCUs everywhere.

Re: EU countries team up for semiconductor push

#84

Earlier quoted context omitted.

Free healthcare, somehow reasonable housing prices outside of huge city centers, proximity to elderly parents, generally higher quality of life, to name few reasons.

Americans who are able to get jobs in the tech industry do not have to worry about expensive healthcare, at all. The US is very much a tale of two countries - but people here making a lot of money have a great quality of life.

You are right about the part about making money in the US and being ok. I would argue though that the higher standard of living in Europe across the board has a compounding affect. When you know that your neighbors are taken care of and you don't see as much social rot out in the streets, you tend to feel happier, less stressed, more willing to continue supporting and being a part of your community. At least that is my personal experience as an American living in Germany. In addition, it is not just about making money, you get a lot more time off, holidays and as many sick days as the doctor says that you need, within reason of course.

Re: EU countries team up for semiconductor push

#85
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?

Well for one, I and everyone I know happen to live here. I guess if someone can suffer the US' shitty conditions, I guess there's nothing stopping them from going there... except for the US's stringent immigration policies. Can't just hop over the pond to go work there, and I'm fairly sure it's easier for a US citizen to work here than the other way around. Of course, that too is deincentivized thanks to US tax laws…

Yet the US has more immigrants than any other country, with an immigrant percentage comparable to Germany (on the high end of larger European countries)[1]. This sounds like more of a "Nobody Goes There, It’s Too Crowded" argument...

[1] https://en.m.wikipedia.org/wiki/List_of_sovereign_states_and...

Re: EU countries team up for semiconductor push

#86
post #42

Earlier quoted context omitted.

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

How many of those were put together by governments? (Airbus has pretty heavy government involved, to be fair.)

In short, pretty much all of them were either established or sustained by the government. Even to a greater extent than in the US, as a several of the EU giants descent from privatized national companies.

Re: EU countries team up for semiconductor push

#87
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.

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.

A lot of the Euro banking industry is collaborative, both in terms of financial instruments and infrastructure.

In information technology, ARM is ostensibly British but key parts of their portfolio were Euro collabs that became acquisitions or whatever (Keil, Adelante, EuroMIPS etc.)

In space technology there's a fairly strong Euro theme. E.g. i live near Glasgow, Scotland. There's a few really cool Space firms here but the larger ones appear to have strong collaborative elements with other firms in Europe (and in some cases, ownership models now that span Europe).

In farming and food supply there's a lot of large impactful collaboration across Europe.

Transport and logistics is another one where specialist firms, a lot of them Dutch for some reason, have all sorts of unexpected collaborations.

In Scotland we have a few small parts of Europe's wind turbine manufacturing industry but that's grown thanks to some euro collaborations.

There's quite a lot if you scratch the surface.

Re: EU countries team up for semiconductor push

#88

Earlier quoted context omitted.

Free healthcare, somehow reasonable housing prices outside of huge city centers, proximity to elderly parents, generally higher quality of life, to name few reasons.

Americans who are able to get jobs in the tech industry do not have to worry about expensive healthcare, at all. The US is very much a tale of two countries - but people here making a lot of money have a great quality of life.

Some people don't want to maintain the kind off dissonance required to turn a blind eye to the widespread failings and cruelty of American society. If I had to choose between going to sleep at night knowing that the people around me wouldn't be made bankrupt or homelessness should they have the misfortune of becoming sick, over circumstances where I was slightly more wealthy, but forced to justify all this, I'd choose the former every time.

Re: EU countries team up for semiconductor push

#89

Earlier quoted context omitted.

Free healthcare, somehow reasonable housing prices outside of huge city centers, proximity to elderly parents, generally higher quality of life, to name few reasons.

Americans who are able to get jobs in the tech industry do not have to worry about expensive healthcare, at all. The US is very much a tale of two countries - but people here making a lot of money have a great quality of life.

As somebody living in a country with a strong middle class, I wouldn't want to permanently settle in anything else. It permeates the whole society, the safety, the environment we bring up our children and their values. If you can leave your kids play outside. And so on.

US is a great place in many aspects for top 1%, but progressively crappy as you move down the scale. And even good-earning IT worker is one long-term debilitating illness/accident away from financial catastrophe. Let's not forget completely fucked up US university system.

Overall, when I was young and relatively naive, US seemed a great place to be. Now that I have kids and seen the world a bit, I see it as one of the alternatives (to say Australia and New Zealand, compared to Europe), but with way too many issues, high criminality, us-vs-them mentality. Also the very obvious class system based on income/wealth, we don't have it here so pronounced which I consider much healthier.

One last point - we europeans generally (maybe except for UK) strongly disagree with all wars US is waging in past 30 years or so. Deaths of millions, misery for hundreds of millions for generations to come, pure evil for very little good. There is no way around this if you work in US - your taxes are directly supporting this, everybody a little. We hear a lot about voting with our money - well not living there is also that kind of vote. Passive resistance if you want.

Re: EU countries team up for semiconductor push

#90
post #77
post #42

Earlier quoted context omitted.

How many of those were put together by governments? (Airbus has pretty heavy government involved, to be fair.)

Most of the big ones in France (Thales, Airbus, Safran, Technicatome, Alstom). Until the 80s, France pretty much had a planned economy.

it's the same in the US, it's just that the US government buys the products, while the French state buys the stock.
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