France’s Drive to Rebuild a Native Semiconductor Industry
📊Executive Summary
France is investing over €5 billion through its Électronique 2030 program to revitalize its semiconductor industry, aiming to restore its share of global semiconductor production from under 10% back to a more competitive level. The program includes the construction of a new 300 mm fabrication facility in Crolles, operated by STMicroelectronics and GlobalFoundries, with a total budget of approximately €7.5 billion. This initiative is crucial for the automotive, defense, and consumer electronics sectors, which have been exposed to supply chain vulnerabilities. The investment is expected to create around 5,700 jobs and enhance R&D capabilities, making France a key player in advanced semiconductor manufacturing....
More Insights Available
Unlock Full Analysis
Sign in to access the complete executive brief, risk analysis, and full article content.