How Central Europe Could Pave the Way for Europe’s Semiconductor Ambitions

The invasion of Ukraine only exacerbated the importance of Europe’s technological and digital sovereignty

23 March 2022

With ensuing crises all around, Europe has ambitions of gaining more independence on more fronts, and one of the most important areas in which a stronger voice is desired is in the realm of semiconductors.

The invasion of Ukraine only exacerbated the importance of the discussion relating to Europe’s technological and digital sovereignty. Before the current crisis, COVID proved to be another turning point moment, when the pandemic peeled away at the appearance of economic prowess in Europe, especially in the realm of production and supply chain management. One crucial supply chain is semiconductors.

Semi-Conductor Crisis

With ensuing crises all around, Europe has ambitions of gaining more independence on more fronts, and one of the most important areas in which a stronger voice is desired is in the realm of semiconductors.

The COVID pandemic has set off a worldwide shortage of semiconductors. As the demand for integrated circuits was greater than the supply, the crisis led to months-long, even year-long delays and major price increases, affecting over 160 industries. 

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Malina Mindrutescu

Marcin Król Fellow at Visegrad Insight. A journalist and political analyst based in Bucharest, Romania with a Master of Letters in Terrorism and Political Violence from the University of St Andrews. Her focus is on foreign policy, business, the transatlantic relation and the Black Sea region.

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