Oct 13, 2021
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Being a visionary

According to IC Insights, 18 semiconductor wafer fabs were shut down in Europe between 2009 and 2018. Since 2020, Europe is facing a severe semiconductor shortage which is impacting our industries, specifically the automotive sector. We are now realizing that Europe is dependent from Asia and USA for semiconductor supply.

Commissioner Thierry Breton has just published an article to deliver his observations during his recent “Tech & Chips” tour, in the context of this severe shortage. He stated that “overall, Europe must quadruple its current production capacity within 10 years”.

The semiconductor industry is among the most cyclical industries, where a 27% growth of the demand could be followed by a 20% decrease the following year! It is also among the most capitalistic industries, where manufacturers have to invest up to 80% of their revenues into new capacities to stay in the race.

Sustainability in the semiconductor manufacturing requires being a visionary and taking risks. It is not only a matter of investing billion dollars; it is also a matter of culture and anticipation.

Semiconductor manufacturing is not the only area requiring anticipation. For instance, security for Industrial IoT must be anticipated now. Otherwise, there will be another Commissioner organizing an “IoT Security” tour in 10 years from now!

About this blog…


Trusted Objects team members have a long experience in the smart security industry, and are reacting to industry trends & news.