European Countries Join Coalition to Boost Semiconductor Sector

Nine European countries have started a coalition to strengthen the European semiconductor industry, according to a statement from the Dutch government.

• Countries involved: Belgium, Germany, Finland, France, Italy, the Netherlands, Austria, Poland and Spain
• Coalition’s goals include expanding production capacity within the EU and strengthening current European players in the semiconductor value chain
  • Coalition will work together with the European Commission to look at longer term financial support for the sector
• NOTE: ASML, NXP Join New Dutch Semiconductor Consultation Platform (1)

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Charlotte Hughes-Morgan in London at chughesmorga@bloomberg.net

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