Silicon Saxony
Registered industry association / From Wikipedia, the free encyclopedia
Dear Wikiwand AI, let's keep it short by simply answering these key questions:
Can you list the top facts and stats about Silicon Saxony?
Summarize this article for a 10 year old
SHOW ALL QUESTIONS
Silicon Saxony is a registered industry association of nearly 300 companies in the microelectronics and related sectors in Saxony, Germany, with around 40,000 employees. Many, but not all, of those firms are situated in the north of Dresden.
With a name chosen referring to Silicon Valley, the area and the union — in many aspects — represent the only meaningful European center of microelectronics. Many of those firms have very research and capital intensive business models competing with subsidized global players, mainly from Asia.