Mannerisms: Wall Street Takes Control of European Chip Industry
Europe's semiconductor industry is now under the control of Wall Street, argues David Manners, Electronics Weekly journalist. Manners blogs on the lost independence of the European chipmakers, and wonders how long the European Union will continue to fund semiconductor-related R&D. "A quarter of a century after the Siemens-Philips Megaproject, which aimed to give Europe an independent world-class microelectronics capability, Wall Street now calls the shots in Europe," Manners writes.