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Editorial
Free money
Reading time: 3 minutes
The Dutch government is showering its semiconductor champions with subsidies. Why are taxpayers footing the bill for an industry that doesn’t need the money?
The Dutch government, in its caretaker phase, is tossing 430 million euros at semiconductors and related technologies. Nearly half a billion euros for an industry already drowning in cash.
A round of applause for Semicon Board NL, the lobbying outfit that convinced The Hague to open the tap. The chip sector now speaks with one voice: from ASM, ASML, Besi and NXP to Thermo Fisher, backed by roughly 300 others via High Tech NL – design shops, instrument makers, you name it.
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