Europe's hidden role in global tech: Dutch lithography machines power the semiconductor industry
By
the Monitor's Editorial Board
Summary
The article challenges the perception that Europe lags in innovation, highlighting that the world's only manufacturer of complex lithography machines (used to fabricate semiconductors) is based in the Netherlands. It argues that Europe has deep reserves of talent, technical expertise, and shared social values, and that by reducing bureaucracy and promoting competitiveness, the EU can enable more innovation and enterprise to flourish, shaking off its innovation gloom.
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Key quotes
· 4 pulledThe handful of U.S. firms that dominate global tech and artificial intelligence has almost universal name recognition.
It's safe to say that very, very few people realize that the world's only maker of the complex lithography machines – used by Asian firms to fabricate the chips that power American tech advances – is headquartered in ... Europe.
The continent has deep reserves of talent and technical expertise as well as shared social values.
By easing bureaucracy and promoting competitiveness, the European Union enables more innovation and enterprise to flourish.
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