[guai888]

Semiconductor sector usually has a No. 1 player which takes more than 50% of the market share of a specific application or business model. It is a very crowded field and very difficult to catch up to current leaders. Unless Europe has a game changing technology or business model, I am not optimistic about the outcome. They should think about working with Taiwan or South Korea instead of going alone. US end up persuades(orders) Taiwan to make sure TSMC builds a new plant in US.

[sjogress]

I guess their goal isn't necessarily to make a world leader but rather to ensure they're not left behind if the geopolitical climate keeps worsening.

[hans1729]

That's very much the tone I get when listening to any german public figure within the political game talking about these things.

Sadly, at this point I wouldn't even expect a solid strategy, it's gonna be blatant actionism. But maybe that's just the cynic in me hoping to be proven wrong

[tyu2]

> usually has a No. 1 player which takes more than 50% of the market share

> It is a very crowded field and very difficult to catch up to current leaders.

With more than 50% market share it's the least crowded field there is, basically a monopoly formed by a very high barrier of entry, because not everyone has billions to risk on complex long term projects, private investors prefer shorter term returns. But it doesn't mean it's difficult to catch up or that the leader produces something good, on the contrary, monopoly means low quality, slow innovation, high price, easy to catch up by just throwing money at it, it just takes government involvement to do it.

[JoshTko]

This is likely a backup plan. What these countries are trying to avoid is ending up in a situation like China and Huawei where your leading tech corp. is kneecapped due to an unpredictable US political climate.