Good Intentions. But honestly I doubt the outcomes. Atleast its good news for NXP/INFN/ST/Atmel and their employees.
Doing "20 percent of global chip production." competitively, in Europe , is a highly ambitious target.
I am sorry, but I fear Europe has missed the boat. Even billions of euros from the tax payers will not change that. Anyway, I believe in the future of the software industry, IT consulting and services. So, let's spend the money better for those projects.
a little too late for europe, a new leading edge 300mm fab is 6 billion dollars, 450nm I dont even know how much, so three of them? I dont think so, especially when only two foundries are making money, TSMC and SMIC everybody else is losing money.
I don't think there is a revenue model....
apart from tax and spend....
But to quote from the "Nanoelectronics beyond 2020" document: "The companies and institutes in Europe’s nanoelectronics ecosystem propose a strategic research and innovation program with a total investment
of 100 billion € up to the year 2020. By 2020, the programme aims to increase Europe’s
nanoelectronics-based world-wide revenues by over 200 billion € per year, and create an
additional 250,000 direct and induced jobs in Europe."
What are the engineering and design challenges in creating successful IoT devices? These devices are usually small, resource-constrained electronics designed to sense, collect, send, and/or interpret data. Some of the devices need to be smart enough to act upon data in real time, 24/7. Specifically the guests will discuss sensors, security, and lessons from IoT deployments.