In the run-up to Christmas 2021, the largest buying season of the year, Playstation came out with an unprecedented statement – that they will not be able to meet market demand for PS5s. They weren’t alone. Globally, 5% fewer cars were manufactured than the previous year. The reason? A global shortage of semiconductors – the silicon chips necessary to make any computer or smart device.

What’s more – the main producers of these semiconductors come almost exclusively from Asia – an area with differing approaches to data privacy and democracy. This potential security threat has led to the EU pledging to increase microchip production to 20% of the global market by 2030.

Latvia has every ingredient necessary to become a hub for semiconductor production. The know-how, the manufacturing facilities, the academic backing, the list goes on.

There are 13 organizations in Latvia that could lay the groundwork and provide the skills, knowledge, and talent for semiconductor production. Our Institute of Solid State Physics (ISSP)  is one of that organizations. The ISSP plays an international role in the R&D of innovative aspects of Solid State Physics and is a backbone of physics-based research. As an institute under the University of Latvia, it employs over 200 academics who are working towards driving global-level innovations in solid-state physics and material science.

More information: Invest in Latvia

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