[Koliakis]

> But he acknowledged at the report's launch that it was still unclear whether this would involve offering tax cuts to woo TSMC, Samsung or another major player to establish a new site within Europe.

Sounds like it'll be another half-assed EU project that won't amount to anything meaningful. They should be looking at home-growing talent (research labs, universities, programs) and rebuilding the European industry (joint partnerships, funding, subisidies, etc.), instead of relying on overseas companies for such a crucial and strategic issue.

[estaseuropano]

The problem is how to do that. Samsung is a European company in a sense as they have a European legal entity, HQ, ... Similar for any other big company.

So how do you even design a project that excludes them, includes the companies of the 27 EU countries, and doesn't fall foul of WTO rules and trade deal provisions? If you deal with a single country you can get quite creative, but as EU they have a hard time being exclusive while keeping the veneer of inclusivity as e.g. UK, China, etc like to do.

[systemvoltage]

Samsung is a global Korean conglomerate. In your sense, Samsung is an Indian company as well because they have offices and have a business registration as Samsung Pvt Limited.

[pajko]

They are already looking at home-growing talent:

[1] This article talks about electronic components in general, not just chips, plus "work together to bolster Europe’s electronics and embedded systems value chain".

[2] is about quantum computing

Basically EU is boosting research with money set aside for this purpose, hopefully being spent on research labs, universities, programs.

[1] https://www.reuters.com/article/eu-tech-semiconductor-idUSKB...

[2] https://ec.europa.eu/digital-single-market/en/news/nine-more...

[Daho0n]

So, basically MEGA (Make Europe Great Again)?

[elefanten]

I don’t understand what angle this comment is coming from, but it feels like derision. If so, why?

[jimmydorry]

The link I see from the few words GP used, one of the core underlying messages behind the "Make America Great Again" campaign was to bring back manufacturing within America.

Subsidizing and growing local production of computer chips would be quite similar, so I can see a parallel there.

GP really should have expounded on their view though, rather than leaving the burden to interpret their words on us, the readers.

EDIT: The derision you may feel might be because many shared the view that bringing back manufacturing was pointless and that bringing the capability back did not mean bringing back the jobs (automation). There was also the widespread conflation of Trump, his other policies, and the MAGA slogan... so the slogan is probably not as useful now.

[Daho0n]

I don't see why. This is exactly how MAGA was supposed to be. MAGA or MEGA, equally stupid.