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ASMEL president warns Europe on supply chain interference

ASMEL president warns Europe on supply chain interference

The CEO of ASM International issued a warning to the European Union regarding interference in semiconductor supply chains, emphasizing that reducing dependence requires establishing strong European companies capable of competing globally. He stated that Europe lacks real influence in the market unless it has a solid manufacturing base, noting that Asia controls around 80% of sector sales, while Europe's share has fallen to less than 1%. This comes after the European Union announced a new strategy to support local chip manufacturing and reduce foreign dominance in this vital industry.

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