Watching American companies make money, Germany can't sit still this time!
Some time ago, the US $52 billion chip subsidy, the matter, made a lot of noise, although the subsidy has not yet been officially issued, but it did attract the attention of many chip giants. Perhaps watching the old United States make money itself is also itchy, Germany recently announced that it will use 14 billion euros of subsidies to attract chip companies to build factories in Germany.
Speaking of German manufacturing, our first reaction is the car, but now it has been given the chip mission by Europe. Why?
In February, the European Union publicly stated that it would relax state aid rules for chip factories. To put it bluntly, chip giants are welcome to invest in Europe and carry out chip manufacturing projects. Germany, the "strongest industrial country in Europe," has spent billions of euros inviting Intel. In the end, Intel decided to invest 17 billion euros to build a chip factory in Germany.
What will this bring to Germany?
But from the perspective of employment, Germany has provided more than 3,000 permanent jobs, more than 7,000 construction jobs and tens of thousands of jobs in the industrial chain.
Is the strength of German semiconductors strong? With so many countries in Europe, why did Intel choose Germany?
The core material of chip manufacturing is silicon wafer, in this field, Germany's Siltronic is the only european among the world's top five companies. In terms of chip foundry, although the market share is not as good as TSMC, the German company X-fab currently ranks first in the world in the manufacture of analog mixed-signal integrated circuits. In chip research and development, Infineon of Germany just acquired the American chip company Cypress this year.
Although not every link is in the lead, but from research and development, raw materials, to equipment and production, Germany has at least a complete semiconductor industry chain, which is not comparable to other European countries, coupled with Germany's generous chip subsidies, Intel wants to invest in Europe, Germany is naturally the first choice. However, like the United States, the focus of this German subsidy is on chip manufacturing, do you think that after facing chip production orders, American companies and German companies, who can laugh last?