Memory packaging is non-trivial and Europe currently doesn't have players in that space.
The primary players are South Korea, Taiwan, the US, and China and most of their capex in the space is in Asia and the US.
The primary players are South Korea, Taiwan, the US, and China and most of their capex in the space is in Asia and the US.
Additionally, most countries in Asia as well as individual states in the US are giving massive subsidizes to help retain the existing ecosystem of vendors.
It is difficult for the EU to directly compete head on when the ecosystem has largely existed outside the EU for almost 30 years.