European Electronics companies set to invest €100 billion; create 250,000 jobs; and double European computer chip production by 2020
The Electronics Strategy proposed the creation of an Electronics Leaders Group (ELG) and a Stakeholder Engagement Forum (SEF).
Chaired by Ben Verwaayen (former CEO of BT and Alcatel), the Electronic Leaders Group brings together the leaders of Europe's 10 largest semiconductor and design companies, equipment and materials suppliers and of the three largest research technology organisations. The ELG will establish, by the end of the year, a strategic roadmap showing how they can reverse the downward trend of chip production in Europe.
The continuous dialogue with stakeholders is part of the Electronics Strategy proposed by the Commission in May 2013.