The semiconductor market is projected to become a trillion-dollar industry by 2030,1 making the next decade vital for those involved. Appetite in the electronics space is now bigger than ever. There’s no doubt about it. But what does the current global landscape look like?
The European Council has approved the European Chips Act (EU Chips Act) in a bid to double the EU’s global market share in semiconductors, from 10% now to at least 20% by 2030.