14 DAY TRIAL // Some may not know it, but the majority of consumer electronics, PCs and industrial equipment is made, or at least assembled, in Asian countries like China, Taiwan and South Korea.
Most of the rest is made by factories located in the US, since that's where Intel, AMD and many other corporations are based.
Thus, Europe doesn't really have much, if anything, to contribute in this field.
The European Commission doesn't like that one bit, so it has set up an investment plan that will, presumably, give it a nice stake and “reverse the decline of the EU’s global share in the electronic components and systems area.”
The idea is to encourage electronic components and systems design, down to nanoelectronics, through investments totaling €25 billion / $32 billion.
The investments would be made over the next seven years. Now all that's left is to find eligible startup companies.