History
Even before Germany's reunification, Dresden was a major center of microelectronics in the Eastern bloc with 3,500 employees. While mechanical engineering, which has a long history in the south of eastern Germany, suffered after the collapse of the Soviet Union, the microelectronics industry was, with public help from the state, of the first industrial sectors in Saxony to recover. Although having many more employees today than before 1990, the sector is constantly under pressure because South Korea in particular is very keen to attract the industry. Saxony and Germany are however bound to the competition laws of the European Union, but could manage to keep and expand most of all the research parts of the industry. These are seen as successful, but also as very risky whenever a bigger company has serious problems, because the sector demands high concentration of resources.
Read more about this topic: Silicon Saxony
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