Is the EU considering building a Fab?

Is the EU considering building a Fab?

Brussels, 16.2.2021
According to a report by Bloomberg, the EU is planning to build a fab. in which ICs based on 10-nm process technology can be manufactured down to 2 nm. In doing so, it wants to reduce its dependence on manufacturers in Asia and the US.
Against this background, the EU Commission announced the establishment of a European microelectronics alliance. It believes that this will enable it to increase its market share from 10 percent worldwide to at least 20 percent. According to Economics Minister Peter Altmaier, however, 50 billion euros would have to be raised for this.
Meanwhile, rumors have been circulating that chip manufacturers TSMC (Taiwan) and Samsung (South Korea) are interested in cooperating with EU countries. A TSMC spokeswoman made contradictory statements about this. On the one hand, she pointed out that many factors had to be considered for selecting a site for building a fab. At the same time, she noted that no plan for this existed, but she did not want to rule anything out either.
It is not only companies in EU countries that are in dispute over the lack of semiconductors. Rather, it is becoming apparent that this is developing into a global problem (more on this soon).