European Chips Act

Fiscal Year 2023: Exyte experiences strong growth in Europe and the USA

Retrieved on:

Tuesday, April 9, 2024

STUTTGART, Germany, April 9, 2024 /PRNewswire/ -- Exyte GmbH (Exyte), a global leader in the design, engineering, and delivery of high-tech facilities, showed strong growth trajectory in Europe and the USA in its fiscal year 2023.

Key Points:

STUTTGART, Germany, April 9, 2024 /PRNewswire/ -- Exyte GmbH (Exyte), a global leader in the design, engineering, and delivery of high-tech facilities, showed strong growth trajectory in Europe and the USA in its fiscal year 2023.
We benefit in Europe and the USA from extensive investments in high-tech facilities," says Exyte CEO Dr. Wolfgang Büchele.
The share of Asia is declining, while order intake and sales are increasing significantly in Europe and the USA.
In both Europe and the USA, we are expanding our organization to execute our clients' planned mega-projects," says Exyte board member Mark Garvey.

Fiscal Year 2023: Exyte experiences strong growth in Europe and the USA

Retrieved on:

Tuesday, April 9, 2024

STUTTGART, Germany, April 9, 2024 /PRNewswire/ -- Exyte GmbH (Exyte), a global leader in the design, engineering, and delivery of high-tech facilities, showed strong growth trajectory in Europe and the USA in its fiscal year 2023.

Key Points:

STUTTGART, Germany, April 9, 2024 /PRNewswire/ -- Exyte GmbH (Exyte), a global leader in the design, engineering, and delivery of high-tech facilities, showed strong growth trajectory in Europe and the USA in its fiscal year 2023.
We benefit in Europe and the USA from extensive investments in high-tech facilities," says Exyte CEO Dr. Wolfgang Büchele.
The share of Asia is declining, while order intake and sales are increasing significantly in Europe and the USA.
In both Europe and the USA, we are expanding our organization to execute our clients' planned mega-projects," says Exyte board member Mark Garvey.

Industrial Gases Market worth $137.9 billion by 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on:

Tuesday, February 13, 2024

Hydrogen, Oxygen, European Green Deal, Linde plc, Electronics, Growth, Food preservation, Food, Carbon, European Chips Act, Drink, Air Liquide, Air Products, Nitrogen, Semiconductor, Research, Industrial gas

It serves as a clean fuel for fuel cells, a promising technology for electric vehicles and stationary power generation.

Key Points:

It serves as a clean fuel for fuel cells, a promising technology for electric vehicles and stationary power generation.
Industrial gases, such as nitrogen and carbon dioxide, play pivotal roles in various applications within this sector.
As the semiconductor industry experiences growth and innovation under the European Chips Act, there is a corresponding opportunity for the industrial gases market in Europe.
The leading players in the industrial gases market are Air Liquide (France), Linde plc (England), Air Products & Chemicals, Inc. (US), Messer SE & Co. KGaA (Germany), and Nippon Sanso Holdings Corp. (Japan).

Industrial Gases Market worth $137.9 billion by 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on:

Tuesday, February 13, 2024

It serves as a clean fuel for fuel cells, a promising technology for electric vehicles and stationary power generation.

Key Points:

It serves as a clean fuel for fuel cells, a promising technology for electric vehicles and stationary power generation.
Industrial gases, such as nitrogen and carbon dioxide, play pivotal roles in various applications within this sector.
As the semiconductor industry experiences growth and innovation under the European Chips Act, there is a corresponding opportunity for the industrial gases market in Europe.
The leading players in the industrial gases market are Air Liquide (France), Linde plc (England), Air Products & Chemicals, Inc. (US), Messer SE & Co. KGaA (Germany), and Nippon Sanso Holdings Corp. (Japan).

The macroeconomic effects of global supply chain reorientation

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Saturday, February 10, 2024

Bank, Control, Quarterly Journal of Economics, Literature, Deutsche Bundesbank, Reconstruction, COVID-19, Monetary policy, Medical classification, Aggregate, Interest, Hail, Motion, Organization, WT, Policy, Smith, Elasticity, American Economic Review, Information, CHiPs, Journal of Economic Perspectives, Reproduction, Tagliapietra, Culture, Journal of International Economics, Section 3, European Commission, Communication, B16, Shock, NTM, European Chips Act, SSC, PHT, B17, Classification, Common, Tradability, Bank of Italy, Congressional Research Service, NT, Central bank, Private, Exercise, NIU, Labour, PDF, Website, European Parliament, Terrorism, Employment, B10, SUBST, Agricultural economics, F62, RTK, Bank of England, European Central Bank, Calibration, Agriculture, Foreign policy, Semiconductor, International Monetary Fund, Research Papers in Economics, Outline, Council, Openness, Bias, Economic system, European Council, Public policy, Deutsch, Statistics, GDP, Real, American Economic Journal, Table, Journal, YT, EAGLE, Household, Grossman, Science, Conference, Journal of Comparative Economics, Horse, SSRN, TC, Consumption, REA, F13, Section 2, University, Section 5, Legislation, Money, NTD, Central Bank of Ireland, Language, Capital, University of Limerick, Intermediate, CBI, Caselli, Macroeconomics, Crowding, Technical report, B14, Tax, Civil service commission, Growth, Commission, UNCTAD, Optimism, Politics, PIM, PX, Work, Social science, JEL, Government, Automation, HTT, Quarterly Journal, Canadian International Council, ECB, XT, METRO, ELAS, Credit, Bolt, Research, European Communities, American Journal, ArXiv, Unilateralism, Lerner, Motivation, International, C6, Committee, Security (finance)

We analyse the macroeconomic

Key Points:

We analyse the macroeconomic
effects of supply chain reorientation through localisation policies, using a global dynamic
general equilibrium model.
While arguments about comparative advantage, the potential forgone benefits of international specialisation and industry- and product-specific disruptions are familiar, there is less
analysis on the macroeconomic effects of supply chain changes resulting from localisation policies.
The large sensitivity of the global economy to the recent supply chain shocks suggests that
the international trade reconfiguration implied by localisation policies could also have sizable
impacts on key macroeconomic variables such as output, employment and inflation.
Thus, localisation focuses on the
goods in our model most closely related to global supply chains.
Retaliation also attenuates any positive effects from
reshoring on output and implies a reduction in the volume of overall international trade.
This finding calls for limiting the scope of reshoring, such as by focusing on vital goods that are
most susceptible to supply chain disruptions.
Either that, or the economic costs are considered a worthwhile trade-off for an increase
in security of supply, for example.
While arguments about comparative advantage, the potential forgone benefits of international specialisation and industry- and product-specific disruptions are familiar, there is less
analysis on the macroeconomic effects of supply chain changes resulting from localisation policies.
Recent supply chain shocks have had large effects, with disruptions in 2021 estimated
to have reduced euro area GDP by around two percent and doubled the rate of manufacturing producer inflation (Celasun et al., 2022).
To analyse this issue, we simulate a (partial) reshoring of production back to Europe in
a global dynamic general equilibrium framework.
Thus,
localisation focuses on the goods in our model most closely related to global supply chains.3 We
model reshoring through a direct change to the export goods? production-function parameters.
Since reshoring
effectively shortens the supply chain, the sum of markups along the chain falls.
This means that imports that are at the end of the supply chain (i.e.
In particular, our work relates to papers examining the potential for countries to reduce
their exposure to global supply chains.
(2021) demonstrate that reduced reliance on foreign inputs does not mitigate pandemicinduced contractions in labour supply.
(2021) find no evidence of a relationship
between global value chain integration and macroeconomic volatility.
This dynamic, along with factors such as natural disasters, climate-change
induced volatility and terrorism mean that supply chain disruptions could be a new normal
(Grossman et al., 2021).
Our work contributes to the literature providing dynamic general equilibrium analyses of
protectionist policies, in particular those using global macroeconomic models to quantify trade
policy changes.
(2008) analyse the effect of a rise in protectionism in response
to rising global trade imbalances.
Linde? and Pescatori (2019) find that although the macroeconomic costs of a
trade war are substantial, a fully symmetric retaliation is the best response.
(2020) consider a rich input-output structure and demonstrate that closer integration amplifies
the adverse effects of protectionist trade policies.
Several recent studies have also examined the economic effects of a global trade fragmentation.
First, we modify a dynamic general
equilibrium model of the global economy in order to analyse the transmission of localisation
policies.
This allows for a comprehensive treatment of cross-border macroeconomic interdependences and spillovers between the different regions.
4
There is, however, substantial cross-country heterogeneity in terms of impact, with small open economies
(SOEs) reliant on global supply chains more affected.
ECB Working Paper Series No 2903
7

Second, we are able to assess both long-run effects and the transition dynamics of localisation
policies.
Our model contains a detailed monetary block and captures inflation dynamics, which is a key
concern for supply chain reorientation.
Overall, our paper contains a careful analysis of the key aspects of the localisation debate,
including effects of localisation on domestic competition and efficiency.
Section 2 provides a brief overview of the model, the modifications to examine
global supply chain reorientation, some key details on the calibration and a brief discussion of
the nature of our exercise.
(2020) for discussions of the relative strengths and weaknesses of
trade and macroeconomic models in assessing large economic shocks.
2.1
Supply chain reorientation

Our analysis focuses on imported inputs used to produce goods for export, as the introduction
of localisation policies is in response to recent disruptions to global supply chains.
Since reshoring
effectively shortens the supply chain, the sum of markups along the chain falls.
Further to
these effects, engagement with global firms provides an opportunity for knowledge spillovers to
local firms (Criscuolo et al., 2017).
This finding calls for limiting the scope of reshoring, such as by focusing on vital goods that are
most susceptible to supply chain disruptions.
(B12)
Adjusting the share of local inputs in export goods, of course, affects prices and quantities all
along the supply chain.

Article - Holiday greetings from the European Parliament

Retrieved on:

Tuesday, January 2, 2024

European Chips Act, Industry, Council, Semiconductor, European Parliament, Artificial intelligence, Parliament

The European Parliament worked hard all year to deliver on key issues for Europeans.

Key Points:

The European Parliament worked hard all year to deliver on key issues for Europeans.
MEPs adopted many measures to ensure the reduction of greenhouse gas emissions in the EU and support households through the green transition.
Use your vote in the European elections
Next year will mark the end of the current legislative term and the start of a new one.
It will set the direction of our course and decide on the Europe you want to see,” said Parliament president Roberta Metsola.

Amkor Announces US Advanced Packaging and Test Facility

Retrieved on:

Thursday, November 30, 2023

Amkor Technology, Inc. (Nasdaq: AMKR), a leading provider of semiconductor packaging and test services, has announced its plan to build an advanced packaging and test facility in Peoria, Arizona.

Key Points:

Amkor Technology, Inc. (Nasdaq: AMKR), a leading provider of semiconductor packaging and test services, has announced its plan to build an advanced packaging and test facility in Peoria, Arizona.
Amkor is the only US-headquartered OSAT (outsourced semiconductor assembly and test) service provider with advanced packaging technology capability and high-volume manufacturing experience.
Upon completion, this will be the largest outsourced advanced packaging facility in the US.
“This investment will reinforce our leadership position in advanced packaging and test within the key markets we serve while solidifying our commitment to expanding US-based chip manufacturing.”

The IEEE International Roadmap for Devices and Systems (IRDS) Emerges as a Global Leader for Chips Acts Visions and Programs

Retrieved on:

Tuesday, December 12, 2023

LOS ALAMITOS, Calif., Dec. 12, 2023 /PRNewswire/ --The broad utilization of the IEEE International Roadmap for Devices and Systems (IRDS) is influencing the various Chips Acts worldwide.

Key Points:

LOS ALAMITOS, Calif., Dec. 12, 2023 /PRNewswire/ --The broad utilization of the IEEE International Roadmap for Devices and Systems (IRDS) is influencing the various Chips Acts worldwide.
Initiatives in Europe, Japan, and the US are engaging the IRDS roadmap for guidance as their activities develop, said Tom Coughlin, President of IEEE.
IEEE International Roadmap for Devices and Systems maps the future for microelectronics industry.
The SiNANO Institute , European Academic and Scientific Association for Nanoelectronics and the Systems and Devices Roadmap of Japan (SDRJ) are founding members of IRDS.

2024 Construction Outlook: Infrastructure Funding Fuels Demand for Billion-dollar Projects

Retrieved on:

Tuesday, December 12, 2023

Government funding is helping to accelerate the transition – and build the demand for new solar field projects.

Key Points:

Government funding is helping to accelerate the transition – and build the demand for new solar field projects.
The demand for sports stadiums or renovation projects is growing at a faster rate than even before the pandemic.
These complex projects will shape the future of entertainment construction in 2024 and beyond.
As complex megaprojects become the norm in construction, 2024 will provide immense opportunity for contractors.

Spin on Carbon Market worth $747 million by 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on:

Tuesday, December 12, 2023

The hot temperature spin on carbon segment is expected to account for the largest share of the spin on carbon industry in 2023.

Key Points:

The hot temperature spin on carbon segment is expected to account for the largest share of the spin on carbon industry in 2023.
The hot-temperature spin-on carbon segment is a significant market for spin-on carbon in semiconductors.
Foundries are expected to account for the largest share of the spin-on carbon in the semiconductor market in 2023.
The North American market is expected to witness the highest CAGR in the spin-on carbon in the semiconductor market during the forecast period.