Only theoretically. In practice, it takes a lot of know-how unseen by the public to make a product in a manner that is price-competitive against other players i

Only theoretically. In practice, it takes a lot of know-how unseen by the public to make a product in a manner that is price-competitive against other players in the market. Europe is obviously technologically capable of building chips and assembling functioning laptops that are ready for consumption, since as you pointed out they are capable of making the machines that make the chips; but that's still a long way from saying that they can start churning out Macbook Airs.