Finland is rapidly emerging as a pivotal hub in the global semiconductor landscape, now especially thanks to its strategic initiative, “Chips from the North”. This ambitious plan aims to position Finland as a significant player in semiconductor manufacturing, research, and design by 2035. With an existing semiconductor sector generating €1.6 billion in revenue and employing approximately 7,000 people, the potential for growth is immense, with projections to reach €5 billion to €6 billion in revenue and thousands of new jobs by 2035.
Oulu: A Centre of Semiconductor Expertise
Oulu stands out within Finland as a hotspot for semiconductor innovation, primarily due to its historical connection to communications technology through Nokia and extensive research legacy focusing on connectivity. The region boasts a diverse ecosystem of companies specializing in semiconductor applications, focusing on areas such as wireless communications, sensors, and advanced materials. This concentration of expertise not only fosters a vibrant startup culture but also bolsters established firms, enhancing Finland’s competitive edge in the semiconductor sector.
Collaboration and Innovation
The “Chips from the North” strategy emphasizes collaboration as a cornerstone of its success. With a joint R&D funding initiative of €5 billion over the next ten years and the establishment of new research and design centers, Finland is creating an environment ripe for innovation and growth. Oulu’s universities and research institutions, including the University of Oulu and VTT Technical Research Centre of Finland, play a vital role by offering specialized programs and research aligned with industry needs.
Workforce Development
Recognizing the importance of a skilled workforce, Finland aims to attract and educate over 15,000 new employees in the semiconductor field over the next decade. By enhancing educational programs in microelectronics and promoting vocational training, Oulu is preparing a talent pool ready to meet the industry’s evolving demands. Initiatives like the MEREBE project play a crucial role in this effort by creating a microelectronics ecosystem in Oulu that connects industry experts with educational institutions, such as OAMK, OSAO, and the University of Oulu. The project addresses skill shortages through targeted training programs, helping to upskill local talent and attract international expertise, which further cements Finland’s ambition to become a leading semiconductor hub in Europe.
Leading Companies in Oulu’s Semiconductor Landscape
Several companies in Oulu are at the forefront of semiconductor innovation, each contributing uniquely to the industry:
- Nokia is a big player in Oulu’s semiconductor scene, helping to push the boundaries of chip design and network technology. Its efforts in 5G and advanced communications are powering the next generation of semiconductor innovations, making Oulu a true tech hotspot.
- Aspocomp manufactures high-tech circuit boards, serving industries such as automotive, aerospace, and telecommunications, with a focus on advanced technologies and quality certifications.
- Alif Semiconductor develops high-integration microprocessing solutions, leveraging cutting-edge technology for low-power applications and machine learning capabilities.
- Bosch Sensortec leads in the MEMS sensor market, creating motion and environmental sensors while expanding its presence in Oulu through strategic acquisitions.
- CoreHW Oulu specializes in designing microcircuits for telecommunications and aerospace, collaborating with silicon foundries for custom IC designs.
- MediaTek focuses on product development for 5G technology, collaborating with European network operators and supporting educational initiatives.
- Nordic Semiconductor Oy drives R&D for Long Range IoT solutions, enhancing their chipsets and modules for various applications.
- Rohm Semiconductor integrates advanced sensors into products, enhancing device functionalities across multiple sectors.
- Sanmina-SCI EMS Haukipudas Oy provides comprehensive electronics manufacturing services, specializing in complex electronic solutions and local prototype development.
- Sony Semiconductor Israel delivers cellular IoT chipsets and AI solutions, with a team in Oulu focused on modem firmware development.
- Texas Instruments (TI), a major player in microelectronics, generates significant revenue through a variety of semiconductor products aimed at diverse markets.
A Bright Future Ahead
As Finland, particularly Oulu, establishes itself as a significant player in the semiconductor industry, the emphasis on fabless design capabilities, sustainability, and connectivity-related integrated circuits, such as RFIC development, will be crucial. The comprehensive “Chips from the North” strategy aims not only to bolster the economy but also to position Finland as a key contributor to Europe’s technological competitiveness. With a clear agenda centered on innovation and talent development, Oulu’s semiconductor sector is poised to thrive, driving advancements in connectivity and leaving a lasting mark on the global stage.
Want to Find Out More?
To find out more information, you can contact one of the following from BusinessOulu:
– Jussi Leponiemi, Key Account Director, ICT – jussi.leponiemi@businessoulu.com
– Niina Heikkinen, Coordinator, ICT – niina.m.heikkinen@businessoulu.com
– Jaana Tähtinen, Coordinator, MEREBE –Jaana.Tahtinen@businessoulu.com