Infineon: Chip manufacturing in Europe “almost lost industry”

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    The CEO of the semiconductor producer Infineon, Reinhard Ploss, has criticized the EU’s competitors coverage. Europe relies on imports from Asia for chips, however should develop into autonomous and regain an “nearly misplaced trade”, demanded Ploss on Friday on Deutschlandfunk. With out this competence, not solely automobile producers and trade, but additionally environmental and local weather safety can be weakened.

    “However proper now we’re handing out a really, very massive variety of cease indicators in Europe,” mentioned Ploss. The inequality of the aggressive circumstances is rising. Whereas China, Japan, Korea and the USA are selling their digital trade and even shaping cooperation, the EU is slowing down. Europe and Germany ought to form and help cooperation between medium-sized and large-scale trade: that “might be our differentiating issue,” mentioned Ploss. Information safety should even be dealt with extra pragmatically.

    Catching up the technical backlog with microchips is a really large problem. “In case you simply stand within the again, you most likely will not be the winner of the following match,” mentioned Ploss. There has been short-time working in the German auto industry for months due to a lack of chip deliveries.


    (axk)

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