The ESIA suggests that Europe should not pursue advanced chip production but should instead focus on legacy semiconductor processes, highlighting the region’s existing strengths.
The European Semiconductor Industry Association advocates for the EU's 'Chips Act 2.0' to emphasize mature processes for legacy chips, crucial for automotive and industrial sectors.
Henna Virkkunen's appointment as EU Commissioner has been welcomed by the ESIA, aligning with the group’s call to return to the original intent of the EU Chips Act.
As European competitors falter in the advanced chip race against TSMC, Samsung, and Intel, the industry must focus on specialization in legacy semiconductor production.
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