Fab For Europe
February 15, 2021
The EU’s iffy decision-making has been nowhere more apparent than in its dealings with the semiconductor industry.
Seven years ago the EU adopted its 10/100/20 plan to boost its semiconductor market share which was then standing at 9%.
The 10 stood for €10 billion in public/private research funding, the 100 stood for the €100 billion to be spent by industry on manufacturing and 20 was the 20% market share to be achieved by 2025.
$80 billion in funding was earmarked by Commissioner Neelie Kroes to fund the project.
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