CEOs Jean-Marc Chery of STMicroelectronics, Jochen Hanebeck of Infineon, and Kurt Sievers of NXP express concerns over the increasing fragmentation in chip production due to rising nationalistic policies.
The CEOs stressed that nationalistic industrial policies have become a major obstacle, complicating international business and causing a fragmented supply chain that could lead to higher costs.
NXP CEO Sievers noted that achieving independence in chip production by one country is unrealistic as it would result in unaffordable chip pricing for consumers.
The panel at SEMICON Europe highlighted the uncertainty faced by European chip manufacturers, with fears that re-election of Trump could intensify existing fragmentation and tariffs.
Collection
[
|
...
]