The country has over 90 companies across the semiconductor value chain. These companies employ approximately 7,000 people specializing in areas essential to next-generation technologies, including chip design, advanced materials, process technology, microelectromechanical systems (MEMS) and sensors, photonics and quantum technology. .
One of Finland’s important competitive advantages is its ability to integrate semiconductor advances with other high-tech industries. The country has long held a presence in mobile networks, primarily by companies like Nokia. The company plays a key role in the development of 5G technology, contributing to industry standards and participating in research efforts on next-generation wireless communications, including 6G.
This expertise leads to semiconductor applications, especially in RF and power electronics, which are essential for wireless communications, automotive and industrial applications. Furthermore, Finland’s strong position in photonics and quantum computing provides a unique edge in the development of future semiconductor solutions that push the boundaries between computing and data transmission.
Tip from the North Strategy
Recognizing this possibility, Finland considers tipping from the North Strategy in 2024, tripling industry revenues to 5-6 billion euros by 2035, creating 15,000 new jobs I did. This strategy is consistent with EU chips laws, which aim to strengthen European semiconductor sovereignty and reduce dependence on external suppliers. Finland’s expertise in mobile network technology, materials science, and quantum computing positions the country as a key contributor to European semiconductor competitiveness.
This strategy highlights Finland’s role in contributing to supply chain security and technological sovereignty and supporting the broader European semiconductor ecosystem. With increasing investments in pilot production facilities, advanced packaging technologies and sustainable manufacturing solutions, Finland is looking to establish itself as a key hub for semiconductor innovation.
The future of Finland’s semiconductors
Evertiq will be inviting Joonas Mikkilä, Senior Advisor at Technology Industries, Finland, to talk about the topic on March 27, 2025 at the Evertiq Expo Tampere. The presentation will showcase growth opportunities in Finland, the role of the global value chain, and how countries cooperate. The public-private approach promotes innovation and international partnerships.
