-
- News
- Books
Featured Books
- smt007 Magazine
Latest Issues
Current IssueThe Rise of Data
Analytics is a given in this industry, but the threshold is changing. If you think you're too small to invest in analytics, you may need to reconsider. So how do you do analytics better? What are the new tools, and how do you get started?
Counterfeit Concerns
The distribution of counterfeit parts has become much more sophisticated in the past decade, and there's no reason to believe that trend is going to be stopping any time soon. What might crop up in the near future?
Solder Printing
In this issue, we turn a discerning eye to solder paste printing. As apertures shrink, and the requirement for multiple thicknesses of paste on the same board becomes more commonplace, consistently and accurately applying paste becomes ever more challenging.
- Articles
- Columns
Search Console
- Links
- Media kit
||| MENU - smt007 Magazine
European Chips Skills Academy Unveils Comprehensive Skills Strategy to Boost Competitiveness of Semiconductor Ecosystem
November 6, 2024 | SEMIEstimated reading time: 2 minutes
The European Chips Skills Academy (ECSA), an EU-funded initiative coordinated by SEMI, announced the publication of the Skills Strategy report by DECISION Etudes & Conseil that outlines the strategic approaches required to tackle Europe’s growing talent shortage in the semiconductor sector. The report provides critical insights into the industry’s workforce demand and supply, while outlining methods to address the talent gap by 2030.
With increasing demand for chips and the investments from the EU Chips Act beginning to gain traction, the semiconductor industry is expected to experience substantial growth in the coming years. The report shows a projected employment annual growth rate of 5% by 2030, with more than 271,000 job openings expected over the forecast period. However, the current pipeline of graduates is not growing at a sufficient rate to match this growth. The report predicts a shortage of over 75,000 technical jobs across key areas such as hardware and software engineering, technicians, and data specialists.
Despite Europe producing over 1.1 million STEM graduates in 2022 and 320,000 in semiconductor related fields of study, only 6% of European STEM graduates are expected to enter the semiconductor industry. With many of these graduates opting for engineering careers in unrelated domains or positions beyond traditional engineering sectors, it is essential for Europe to respond to solve the talent gap.
ECSA’s Skills Strategy recommends both short- and long-term solutions. In the short-term, Europe should optimize the existing labor supply by improving EU-wide mobility, simplifying visa processes for non-EU workers, and reskilling current employees to meet evolving needs.
"Strategic communications campaigns will be pivotal in driving long-term growth in student interest in semiconductor-related disciplines," said Laith Altimime, President of SEMI Europe. "The influx of STEM graduates into the sector is heavily shaped by the industry's ability to project a compelling image, further enhancing its attractiveness as a desirable and innovative field for emerging talent."
“Collaboration between education and industry needs to be strengthened to meet the long-term demand of the industry,” said Raphaël Beaujeu, Senior Consultant at DECISION Etudes & Conseil. “Aligning the academic curricula with the needs of the sector will ensure a sustainable pipeline of skilled workers that can drive innovation and productivity in Europe.”
Initiatives such as ECSA are well positioned to help address the talent gap by offering relevant training with input from industry. The wide network of companies involved with the ECSA aid in promoting STEM careers and ensuring a diverse workforce.
With the semiconductor industry at the core of global digital transformation, Europe’s ability to close the skills gap in its ecosystem will be crucial in maintaining competitiveness on the global stage.
Suggested Items
Western Digital CEO David Goeckeler Elected Chair of Semiconductor Industry Association
11/22/2024 | SIAThe Semiconductor Industry Association (SIA) today announced Western Digital CEO David Goeckeler has been elected Chair of the SIA Board of Directors. SIA represents 99% of the U.S. semiconductor industry by revenue and nearly two-thirds of non-U.S. chip firms.
PCB Design Software Market Expected to Hit $9.2B by 2031
11/21/2024 | openPRThis report provides an overview of the PCB design software market, detailing key market drivers, challenges, technological advancements, regional dynamics, and future trends. With a projected compound annual growth rate (CAGR) of 13.4% from 2024 to 2031, the market is expected to grow from USD 3.9 billion in 2024 to USD 9.2 billion by 2031.
SIA Applauds CHIPS Award for Semiconductor Research Corporation’s SMART USA Institute
11/21/2024 | SIAThe Semiconductor Industry Association (SIA) released the following statement from SIA President and CEO John Neuffer commending the announcement that the U.S. Department of Commerce and the Semiconductor Research Corporation Manufacturing Consortium Corporation (SRC) are entering negotiations for the Commerce Department to provide SRC $285 million to establish and operate the CHIPS Manufacturing USA Institute for Digital Twins.
SIA Praises Finalization of CHIPS Investments for GlobalFoundries Manufacturing Projects
11/21/2024 | SIAThe Semiconductor Industry Association (SIA) released the following statement from SIA President and CEO John Neuffer applauding finalization of semiconductor manufacturing investments announced by the U.S. Department of Commerce and GlobalFoundries.
CHIPS for America Announces Up to $300M in Funding to Boost U.S. Semiconductor Packaging
11/21/2024 | U.S. Chamber of CommerceThe Biden-Harris Administration announced that the U.S. Department of Commerce (DOC) is entering negotiations to invest up to $300 million in advanced packaging research projects in Georgia, California, and Arizona to accelerate the development of cutting-edge technologies essential to the semiconductor industry.