Breaking News
Comments
gutieauB
User Rank
Rookie
re: EU paper stirs discussions at Semicon
gutieauB   10/8/2009 11:19:32 PM
NO RATINGS
This proposition sounds nice and full of good desires; however we seem to forget that when we call the semi electronic industry strategic we are really referring to an industry based on one technology "Planar Lithography" that so clearly seems to be running the end of its course rather quick. We also forget that there is no correlation between high tech and economic growth; in fact a mature high tech industry is just as bad as a mature low tech industry. None of them grows, none of them creates good jobs and none of them attracts capital. Economic growth is correlated to business growth, and that is not only function of markets but of skillful exploitation of market opportunities. A small market growing fast attracts capital, creates jobs, generates ROI and delivers investable capital surpluses. A stagnant market consumes capital, and if corporate welfare kicks in, it also consumes taxes. EU got into the semi current disaster by trying to interfere in market processes and by trying to catalyze business expansion through subsidies and targeted investments. Once again the EU is headed downwards, this time by trying to "correctly" guess the growth industries of the future, and once again will end up in another Quimonda, AMD+Globalfoundries and Infineon disasters. The semi industry is now mature, the game is now played through cost cutting, by extending plant life-cycles, and by living with diminished profits and with decaying R&D expenditures. There will be fewer growth segments in the microelectronics sector; however they may come from new technologies, perhaps bio inspired, perhaps from architectures or even perhaps from growing networks or older systems. Only the market can signal the right course of action, signal the path towards higher ROI, towards higher rates of VC deployments and towards higher standards of living. The EU commission, in all of its infinite wisdom, cannot replace the outcome of the most complex social game ever organized; that is the game of the competitive markets.



Flash Poll
EE Life
Frankenstein's Fix, Teardowns, Sideshows, Design Contests, Reader Content & More
Engineer's Bookshelf
Caleb Kraft

The Martian: A Delightful Exploration of Math, Mars & Feces
Caleb Kraft
6 comments
To say that Andy Weir's The Martian is an exploration of math, Mars, and feces is a slight simplification. I doubt that the author would have any complaints, though.

The Engineering Life - Around the Web
Caleb Kraft

Surprise TOQ Teardown at EELive!
Caleb Kraft
Post a comment
This year, for EELive! I had a little surprise that I was quite eager to share. Qualcomm had given us a TOQ smart watch in order to award someone a prize. We were given complete freedom to ...

Design Contests & Competitions
Caleb Kraft

Join The Balancing Act With April's Caption Contest
Caleb Kraft
57 comments
Sometimes it can feel like you're really performing in the big tent when presenting your hardware. This month's caption contest exemplifies this wonderfully.

Engineering Investigations
Caleb Kraft

Frankenstein's Fix: The Winners Announced!
Caleb Kraft
8 comments
The Frankenstein's Fix contest for the Tektronix Scope has finally officially come to an end. We had an incredibly amusing live chat earlier today to announce the winners. However, we ...

Top Comments of the Week
Like Us on Facebook
EE Times on Twitter
EE Times Twitter Feed

Datasheets.com Parts Search

185 million searchable parts
(please enter a part number or hit search to begin)