They should, but sadly it's extremely difficult for PCB manufacturing to return to Europe.<p>EU has FTAs with Japan and SK, and others that dominate the segment like Taiwan, China, Thailand, Malaysia, Vietnam, and India have already unlocked public-private subsidized for the sector.<p>Additionally, the big players in the industry like ZDT, Unimicron, Nippon Mekatron, Foxconn, comped, TTM, and Flex have much stronger financial and political linkages in Asia or the Americas.<p>This fab itself is important, but was extremely difficult to stand-up and was largely a result of the supply chain issues that the automotive industry faced during zero covid, so it basically took 6 years to execute on this project. That lag-time is the biggest issue <i>unless</i> individual European states decide to take industrial policy their own hands, which becomes expensive very quickly.<p>Concentrating on building a niche in compound semiconductors as well as 2.5/3D packaging would probably be the best bet for the EU today, but I expect to see French-German industrial rivalry to undermine coordination.