What will actually happen: some countries will spend a trivial amount of money in a PR stunt with not coordination between the countries and result in no advance for the EU countries participating.
Source: All other industries in Europe.
Source: All other industries in Europe.
Giants in Europe, there are a lot more
Only Americans think the opposite, i wonder why..
And speaking of market, Europe is a big player, https://www.vgchartz.com/ console sales speak for itself
Stop being brainwashed
(Airbus has pretty heavy government involved, to be fair.)
And whenever the planned giant at least comes to reality, even if it is as dwarf; the politicians who previously made great announcements, distributed millions, created random office, launched parties and cut the ribbon of the project in front of cameras, then don't even feed it with public commands, but give them to the very American or Chinese giants those projects were supposed to counterbalance.
I don't think anyone here believes this kind of announcement any more: there has been so many similar ones already, that are already forgotten and replaced with yet another announcement 9 months later, and again, and again.
Was that so silly? AMD seems to be doing alright.
The Germans on the other hand, you can't keep them from forming giant trusts and cartels if you wanted to.
ARM is in the UK and not the EU. It's owned by a Japanese company and soon an American one.
Does Europe do that well in pharmaceuticals? It looks to me like the US is leading in biomedical research publications. [1] Some European countries are ahead when measured per capita, but only some and that's not an important figure here.
The rest I'm unsure about, but I would like to note that as a market China would easily dwarf Europe. As China becomes richer Europe will become less important in comparison.
[0] Page 10 at https://www.worldsteel.org/en/dam/jcr:f7982217-cfde-4fdc-8ba... (PDF)
[1] https://www.ncbi.nlm.nih.gov/pmc/articles/PMC4566288/#!po=13...
Except that ARM has many offices outside the UK developing important IP. Their Mali Bifrost and Valhall GPU architectures are mainly developed in Scandinavia by former Falanx Microsystems of Norway, aquired by ARM in 2006, hence the norse naming.
Sidenote: Norway is not a part of the EU.
Steel isn't a relevant metric these days. Almost all developed countries can make as much as they need. China needs and produces more because they have to catch up.
> Does Europe do that well in pharmaceuticals? It looks to me like the US is leading in biomedical research publications.
I would hope that
https://en.wikipedia.org/wiki/Hoffmann-La_Roche
https://en.wikipedia.org/wiki/Novartis
https://en.wikipedia.org/wiki/Bayer
https://en.wikipedia.org/wiki/AstraZeneca
https://en.wikipedia.org/wiki/Sanofi
etc. aren't just twiddling their thumbs :-)
People often throw around numbers like this without any context. In the other thread people were trying to judge economics of electric powerplants by total weight.
Why is this a relevant metric? Why would you not expect China, which is 2x the population and is building infrastructure to refine more steel? Like they also produce more food and plastic, so what?
It also is hardly correlated with wealth, wages or GDP. There has been a glut of steel on world markets for the past few years.
Are the kinds of steel produced even comparable, i.e. only recently China could produce ballpoint pens
www.bbc.com/news/amp/business-38566114
Because the parent poster brought it up. Also, Japan produces about the same amount of crude steel as the US despite being less than half the population.
Even if it is a standalone company, it'll be vying for that dank european subsidy.
“ Press release7 December 2020
Member States join forces for a European initiative on processors and semiconductor technologies ”
Appreciate your cynicism but maybe Brexit along with competition from China, the Far East and the United States will focus European minds. Let's not forget the many EU-wide research and development initiatives that are successful. I can provide a list if you so wish.
See: Acquisition of Alstom by GE in France.
Did they pivot to other industries in Finland? If so, which industries? Were they valued as much in the other industries or did they take significant pay cuts? Or did they have to pack up and move elsewhere where they would be valued? If so, where?
I'm asking since I met a few ex-Nokia people looking for work in Switzerland/Germany/Austria years ago.
If anyone knows more I'd like to find out please.
Basically they went to work to other companies and spun up lot of new ones.
There are lots of small and medium sized companies in Finland that are operating in technology and hardware.
I presume a majority of them had similar salaries as earlier. Engineers have never been well payed in Finland and Nokia knew the market rate very well. It rewarded few individuals very well, but the general salary range was probably nothing special.
Finland has lots of engineering activity - always has had. The problem has been marketing this knowhow to external markets.
Explosion of Nokia was a blessing for Finland. It was too large for a country this small, and it started domineering investments in all levels of economy.
From geek consumer point of view it is a shame their engineering was run down by poor management.
But the company was fixed on this course from it's early years. It basically trusted on two things - that radiotechnology would be it's secret sauce for all eternity, and the main point of competition would be it's logistics network.
When the radiotechnology used in handsets became commoditized, China basically levelled the playing field regarding logistics and outsourcing, and the software development inside the company remained a second tier effort, it could have not ended any other way (in retrospect).
Isn't HMD R&D like "across the street" from the old Nokia building?
Also, the telecom equipment side of Nokia still exists as it was, only the phone division went into the whole Microsoft clusterfuck.
https://venturebeat.com/2019/05/10/surviving-nokia-how-oulu-...
https://www.eetimes.com/life-after-nokia-how-finlands-radio-...
I'm not sure we'll see a similar size global consumer hardware company from Europe anytime soon.
I would love to hear the most innovative, relevant mid-size/large class leading hardware companies HN readers can name in Europe.
imec, ASML, Graphcore, ST, Infineon, NXP, ARM (for now) - what else?
Edit: clarification.
It was designed to launch a crewed vehicle that never materialized and is too big and too costly for most commercial applications.
ESA is a thing. ITER is a thing. But mainly all those small international projects that simply would be too niche or small for a single country or market. Im talking about stuff like wave power startup, on land fishfarms, salvage operations in the baltic, cofinancing of highways (or powerlines so that green energy may find its way across the union), et cetera..
In information technology, ARM is ostensibly British but key parts of their portfolio were Euro collabs that became acquisitions or whatever (Keil, Adelante, EuroMIPS etc.)
In space technology there's a fairly strong Euro theme. E.g. i live near Glasgow, Scotland. There's a few really cool Space firms here but the larger ones appear to have strong collaborative elements with other firms in Europe (and in some cases, ownership models now that span Europe).
In farming and food supply there's a lot of large impactful collaboration across Europe.
Transport and logistics is another one where specialist firms, a lot of them Dutch for some reason, have all sorts of unexpected collaborations.
In Scotland we have a few small parts of Europe's wind turbine manufacturing industry but that's grown thanks to some euro collaborations.
There's quite a lot if you scratch the surface.
Which is still European, sure there is Brexit on the horizon, but even then it would still be European just not European Union.