KOTRA Hosts European Semiconductor Summit in Munich
KOTRA Pledges Long-Term Support for PoC and Joint R&D While Infineon’s €5 Billion Dresden Plant Spurs Demand for Power Semiconductors KOTRA holds ‘European Semiconductor Summit’ in Munich, GermanyAs Germany has decided to more than double its data center capacity by 2030, Korean semiconductor compan
KOTRA, in collaboration with the Korea AI Fabless Industry Association, hosted the 'European Semiconductor Summit' in Munich, Germany on November 10. The summit, held concurrently with the prestigious SEMICON Europa exhibition, gathered 60 companies, including 30 Korean semiconductor design, equipment, and parts firms alongside 30 European manufacturers and demand companies. The discussions centered on cooperation strategies aimed at leveraging the growing opportunities in the European semiconductor market.
The German government's commitment to expanding digital infrastructure has created a surge in demand for advanced power semiconductors, computing semiconductors, and modules that enhance energy efficiency. This demand is particularly pronounced in sectors such as automotive, renewable energy, and artificial intelligence. A key player in this space is Infineon, the world's leading automotive semiconductor manufacturer, which inaugurated a state-of-the-art €5 billion (approximately $537.91 million) production facility in Dresden in July.
The facility is designed to manufacture power and analog/mixed-signal semiconductors for use in vehicles, renewable energy systems, and AI applications.
During the summit, participants engaged in detailed conversations on advanced semiconductor design and manufacturing processes, semiconductors for future vehicles, and the integration of artificial intelligence into robotics and automation equipment. Subsequent one-on-one business consultations focused on product specifications, technical requirements, and the practical viability of implementing these technologies in existing production lines.
KOTRA, recognizing the potential for long-term partnerships, has undertaken extensive pre-summit research to identify Korean companies with compatible capabilities. Beyond the summit, KOTRA plans to facilitate actual export contracts by supporting local Proof of Concept and joint research and development initiatives. Kim Yeon-jae, head of KOTRA's Europe Regional Headquarters, emphasized the heightened demand for cooperation with Korean semiconductor companies, citing Germany's transition towards artificial intelligence and electrification as a catalyst.
"We are committed to supporting K-fabless and advanced semiconductor companies in establishing themselves as key players in the European supply chain," she stated.
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