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Hellenic Emerging Technologies Industry Association

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HETiA / Blog  / HETiA Highlights the Need for a National Semiconductor Strategy for Greece

HETiA Highlights the Need for a National Semiconductor Strategy for Greece

A recent article in Kathimerini highlights the urgent need for Greece to develop a national semiconductor strategy, as emphasized by the Hellenic Emerging Technologies Industry Association (HETiA). The article described the need for Greece to develop a realistic and comprehensive national strategy for semiconductors and microchips, since without advanced chips, digital transformation cannot progress, and AI simply wouldn’t exist.

According to Kathimerini’s article, Greece has built a growing semiconductor ecosystem valued at approximately €500 million, employing around 3,000 specialized professionals across more than 80 companies, including a core of about 35 firms with advanced expertise. Despite this progress, Greece does not possess domestic chip manufacturing facilities.

 

 

Speaking to Kathimerini, John Kikidis, Vice President of HETiA, noted:

“In Greece, there is no microchip production. Leading edge semiconductor  foundries or fabs  require investments of billions of euros, significant water and energy resources, and a large pool of specialized personnel for their operation”.

He added:

“While we cannot aspire to attract right now large-scale installations, we can aim to attract production units in more mature technologies, leveraging our local capabilities. The essential prerequisite however, is to develop a comprehensive national strategy and plan that will drive and provide the right conditions for such investments.”

Developing a comprehensive national strategy is essential for Greece to remain competitive and support the digital transformation of its economy. The Kathimerini report also refers to the recent €295.5 million investment by Metlen to produce gallium and other critical materials in Greece, This investment in critical materials demonstrates the potential for Greece to play a strategic role in Europe’s semiconductor supply chain.

To read the full article, please click here

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