Europe has caught up with the rest of the world in microelectronics technology, it was declared at the Jessi Round Table Conference in Grenoble in 1994.
Jurgen Knorr, CEO of Siemens Semiconductor, said: "Jessi is a must. After ten years European industries realise that microelectronics is a basic tool - it took a long time but now even federal structures appreciate that."
Knorr pointed out that Jessi had directly given world leadership to Europe in some technologies - for instance in wireless communications with chip-set products to meet GSM and DECT standards defined by Jessi.
There is no technology gap" asserted Pasquale Pistorio, CEO of SGS-Thomson Semiconductors, "we have made it up. Our half micron CMOS is the best that Bull has found - and that's because of this terrific contribution from Jessi."
Pistorio added: "We still need to have this money from governments for two reasons: one because our competitors get this aid; and second because we are only one third to one quarter the size of our competitors in Japan and a lot of work is necessary to reach the same level."
Jessi president Heinz Hagmeister, CEO of Philips Semiconductor, said: "We are the world leader in developing DAB (digital audio broadcast) chip-sets and world leader in producing chip-sets for GSM and ATM."
Hagmeister pointed out that the Jessi-spawned stepper company ASM is now the third largest stepper company in the world, that Jessi-backed Wacker is the world's largest supplier of eight inch wafers and that Schlumberger's ATE equipment and Leybold's Plasma Etch module were in the world-beater class.
"Microelectronics" concluded Hagmeister is the cornerstone of the economic wealth of our industrial society - essential for economic independence and prosperity."