Semiconductors in Europe
In a world facing a crisis due to lack of semiconductors, the European Chips Act aims to secure the EU’s supply by boosting domestic production.
Overview of Industry in Europe
The production of microchips relies on an extremely complex and interdependent supply chain in which countries all over the world participate. A large semiconductors firm may rely on as many as 16,000 highly specialized suppliers located in different countries. Microchips are also crucial for technologies driving digital transformation, such as artificial intelligence, low-power computing, 5G/6G communications, as well as the Internet of Things and edge, cloud, and high-performance computing platforms.
Under the agreement, the EU aims to double its current global market share to 20 percent in 2030 and mobilize more than €43 billion in public and private investments to feed Europe's growing appetite for chips.
Stories from our Partners
AmityAmity is a Software as a Service (SaaS) digital solution provider that empowers online engagement for mobile applications and online platforms. EuroDev’s objective was to create a custom-made market entry strategy, analyse barriers of entry, find solutions to overcome them, and identify the best European opportunities for Amity in the different industries and geographical areas.Read More
PortacoolPortacool started with our 4-step introductory program. After one year of cooperation, the European Team was able to engage key Master Distributors in the UK, the Netherlands, and Germany. As a next step for the second year, the Portacool Europe Team moved the business development focus into the Nordics (Sweden, Norway, and Finland) and East Europe countries, combining these activities with account management growth and after-sales support in the countries with an existing business.Read More
SJE RhombusEuroDev allocated a business development team, that represents SJE Rhombus in the European market as SJE Rhombus Europe. This is provided as a service and allows the company to have boots on the ground in Europe. The team is mandated to perform business development activities across the European theatre, working closely with SJE Rhombus Sales and Technical leadership teams. Since then, they have been growing the business together.Read More
Clean Cool TechnologiesBefore cooperation with EuroDev, Cool Clean Technologies did not have the resources required to effectively engage with DMUs of large automotive manufacturers in Europe. Having ‘boots on the ground’ is one of the crucial elements in establishing contact and providing effective account management. Therefore, at the start of 2017, Cool Clean Technologies decided to partner up with EuroDev to establish a durable business footprint in the complex EU market space.Read More
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