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Germany to invest billions to bring semiconductor production back to Europe
- reacharavindh 5y agoTwo things come to mind. 1. ASML, the almost monopolistic EUV machine maker is in the Netherlands. 2. I vaguely remember reading about Germany always updating a 10year plan and doing long term actions. I don’t know if that’s true, and if this is part of it. Even so, it would be nice to have more players in this field.
- Proven 5y ago> Even so, it would be nice to have more players in this field. No, it wouldn't. Because these would be state-subsidized players that would only distort normal market incentives, increase product prices, and be funded by taxpayers.
- CryptoPunk 5y agoTo be an efficient location for semiconductor fabrication requires much more of the consumer electronics manufacturing supply chain to be based in Europe. For that to happen, Europe needs a more efficient setup for capital. Heavy labor regulations, and high levels of taxation to fund centrally administered social service providers, leads to low returns on capital, and makes Europe less competitive than it otherwise would be in high-tech manufacturing.