Chickens Roosting
How quickly the chickens have come home to roost!
Seven years ago Neelie Kroes was trying to persuade Infineon and the other two big EU chip-makers to support an €80 billion plan to establish advanced chip-making in the EU and target 20% of the world market.
Infineon CEO Reinhard Ploss was noticeably unhappy about the proposal and, as soon as Kroes left office, the plan was dropped.
Now German industry is in crisis for lack of chips.
“When it comes to chip design, Europe is dangerously dependent on other regions,” said Iris Ploeger, a board member of Germany’s Bundesverband der Deutschen Industrie (BDI), earlier this week, “European sovereignty for semiconductors is important in order to be able to react more flexibly to disruptions in supply chains and to changes in consumption patterns.”