Infineon Adds to Doubts About Europe’s Chipmaking Ambitions

  • German firm says advanced chips wouldn’t serve current demand
  • EU’s Breton says 5G, edge computing will provide future demand
Photographer: Liesa Johannssen-Koppitz/Bloomberg
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The European Union’s plan to become a powerhouse in producing next-generation semiconductors will do little to help the region’s vital industries today, one of its biggest homegrown chipmakers said Thursday.

“We think Europe should focus on bringing modern, but not state-of-the art technology” to meet local demand, Helmut Gassel, Infineon Technologies AG’s chief marketing officer, said in an interview.