Commentary: The price of bargain hunting: Europe is running out of electronics
Almost the entire electronics production is now located overseas. The boom in data centers for artificial intelligence reveals just how dangerous this is.
Europe is facing a shortage of printed circuit boards, a crucial component in all electronic devices. The industry, once thriving in Germany and Europe, is now on the brink of extinction, with most boards now coming from Asian factories, mainly in China. The shift to imports was driven by the purchasing departments of major corporations prioritizing low costs.
As a result, European industry is now struggling to obtain the boards it needs, as Asian producers focus on supplying booming data centers for Artificial Intelligence, with major buyers like Nvidia willing to pay more.
Written by urgent.news from Handelsblatt's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
