Requirements for future relevance, competence and resilience for Europe
With this document, the VDA (German Association of the Automotive Industry) highlights the current problems of today's European semiconductor ecosystem and possible mitigation measures to overcome them. In an initial scenario, a “local-for-local” view is taken, encompassing the semiconductor demand for products manufactured in Europe. The aim of this scenario is to build up capacities (measured in million wafers per year or mwpy) in order to reduce supply risks and enable the availability of relevant capabilities.
The report is based on several sources, including a market analysis by McKinsey & Company.