✉news TechnologySemiconductors first seen 1 d ago, last 1 d ago, peak #8
Korea pours €510bn into chips at home as Europe waits
Original: Korea pours €510bn into chips at home. Europe’s fab dream can wait
South Korea is committing roughly €510 billion to build out its semiconductor industry domestically, a scale of investment that dwarfs European efforts to attract leading-edge chip fabrication plants. The message for Europe is that its ambition to host major fabs may have to wait, as capital and capacity concentrate in Korea's home market amid fierce global competition for chip leadership.
Why now: Europe's hopes of landing major chip fabs are being called into question by Korea's massive domestic investment commitment.
South KoreaEuropean Unionsemiconductor industry
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- Korea pours €510bn into chips at home. Europe’s fab dream can wait · EU Perspectives
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