ESIA is the voice of the Semiconductor Industry in Europe. Its mission is to represent and promote the common interests of the European-based semiconductor industry towards the European Institutions and stakeholders in order to ensure a sustainable business environment and foster its global competitiveness.
Semiconductors underpin a significant part of the European and worldwide economy. Their role will continue to grow as future products and services will become more digital and interlinked. The semiconductor industry provides the key enabling technology solutions for society in the fields of energy efficiency, mobility, health care, security and across the ICT sector including the realisation of the smart grid and more efficient lighting. Semiconductors are also the building blocks for better security, for the safety and efficiency of the whole transport systems and for environmental monitoring. No societal challenge can be successfully met without them.
The industry was ranked as the most R&D intensive sector by the European Commission in 2011 and supports around 200, 000 jobs directly and more than 1, 000, 000 indirect jobs in Europe. The global turnover of the semiconductor sector alone was around €230 billion in 2012 while the value of products comprising micro- and nano electronic components represents around € 1, 250 billion. The impact of micro- and nano electronics on the whole economy is estimated at 10% of the worldwide GDP.
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