Europe finds itself at a critical moment in the global semiconductor industry. In the article “Europe has a second chance in the chips industry”Maarten Wellens, CFO of Smart Photonics, explores how technological innovation, geopolitical tension and economic strategy converge in a domain where the stakes have never been higher from building a resilient European value chain to protecting strategic technologies against cyber threats and insider risks.

This article is part of a broader KPMG thought leadership series on threat‑informed decision making, which brings together perspectives from business leaders, policymakers and cybersecurity experts across Europe. Through a behind‑the‑scenes perspective on Smart Photonics, the article shows how rising geopolitical pressure, new regulations such as NIS2, and the rapid adoption of AI are reshaping expectations around governance, security and strategic autonomy.

Download the full article for insights into Europe’s opportunities as a technology region, the evolving threat landscape, and the strategic choices companies must make to safeguard innovation, security and competitiveness in an increasingly turbulent geopolitical environment.