Foreign media: A report jointly released by the European Union Institute for Security Studies and France's think tank, the Montaigne Institute, indicates that if Europe fails to quickly strengthen its domestic supply chains, its semiconductor industry will face a "bleak outlook" due to China's export controls, reliance on U.S. technology, and inherent structural weaknesses.
The report argues that China's export restrictions on critical minerals and potential risks related to the Taiwan Strait are the primary threats to the supply chain; meanwhile, the EU remains highly dependent on U.S. technology—should the United States restrict ASML (Europe’s highest-valued company) from exporting lithography equipment to China, Europe would be further put at a disadvantage. The U.S. Congress is currently debating a bill that would authorize Washington to impose export controls on allies and their enterprises.
The European Commission proposed the "Chip Act 2.0" in June this year, aiming to boost domestic chip demand through incentive measures and to join the U.S.-led "Silicon Peace" (Pax Silica) supply chain alliance. SEMI Europe, an industry organization, endorses the report's views, emphasizing that stable access to critical raw materials is foundational to Europe's competitiveness in the chip ecosystem. The report also highlights that persistently high energy prices in Europe, lack of private capital, and contraction in downstream chip-using industries are further undermining the sector's overall competitiveness.
Original source: toutiao.com/article/1869594405377024/
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