The position of the EU in the semiconductor value chain: evidence on trade, foreign acquisitions, and ownership
Andrea Ciani and
Michela Nardo (michela.nardo@ec.europa.eu)
Additional contact information
Michela Nardo: European Commission, https://ec.europa.eu/jrc/en
No 2022-03, JRC Working Papers in Economics and Finance from Joint Research Centre, European Commission
Abstract:
We map companies belonging to the semiconductor value chain at the world level and investigate the turnover of the companies by jurisdiction of their ultimate owner. Total turnover for the top-10 companies, with respect to revenue, among the manufacturers of semiconductors amounts to 266 Billion EUR for year 2020. The same group of companies accounts for 87% of market capitalization of this industry in 2021. Our coverage is uneven across jurisdictions. We have a richer coverage for Europe than for the US and China, given the interest in analysing the European landscape. Data on turnover by segment shows that EU-owned companies represent a relevant share of the input suppliers for the production of semiconductors (evidence confirmed by De Jong, 2020, as well as by Kleinhans and Baisakova, 2020). Indeed EU companies are among the largest suppliers of chemicals and gases in this supply chain, accounting for 34% of world turnover in 2020. US companies are leaders in the production of equipment used for the production of semiconductors with 31% of the turnover, closely followed by European ones with 27%. The picture changes when looking at the turnover of EU-owned chip producers (foundries) and chip designers (fabless companies), which is negligible. Taiwanese firms share with South Korean manufacturers the leadership in the foundry segment.
Keywords: Semiconductors; Europe; Companies; Ownership (search for similar items in EconPapers)
JEL-codes: F10 F23 G32 L63 (search for similar items in EconPapers)
Pages: 39 pages
Date: 2022-04
New Economics Papers: this item is included in nep-cfn, nep-eec and nep-int
References: Add references at CitEc
Citations: View citations in EconPapers (1)
Published by the European Commission, 2022
Downloads: (external link)
https://joint-research-centre.ec.europa.eu/publica ... ons-and-ownership_en
Our link check indicates that this URL is bad, the error code is: 404 Not Found
Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:jrs:wpaper:202203
Access Statistics for this paper
More papers in JRC Working Papers in Economics and Finance from Joint Research Centre, European Commission Contact information at EDIRC.
Bibliographic data for series maintained by Peter Benczur (peter.benczur@ec.europa.eu).