Greece Builds Growing Semiconductor Industry With 35 Companies

03 Nov 2026, 03:50 by Bill Giannopoulos · Greek City Times

Greece is quietly establishing itself as an emerging player in the global semiconductor industry, with dozens of companies working in chip design, microelectronics and advanced technology.

An industry study has identified 35 Greek companies operating in the semiconductor and microchip sector, employing approximately 1,200 specialists.

The figures highlight a developing technology ecosystem that is increasingly attracting international attention, investment and acquisitions.

While Greece is not yet a major semiconductor manufacturing centre, it has developed particular strengths in chip design, engineering, research and intellectual property.

International technology giants turn to Greek talent

Over the past decade, several Greek technology companies have attracted major international buyers, demonstrating the expertise being developed within the country’s technology sector.

Among the notable examples is Think Silicon, a Greek company specialising in graphics processing technology, which was acquired by US-based Applied Materials in 2020.

Another significant transaction involved Helic, a Greek electronic design automation company acquired by ANSYS in 2019.

Dialog Semiconductor, which had substantial engineering operations in Greece, was acquired by Japanese technology group Renesas Electronics in 2021 in a deal valued at approximately €4.8 billion.

These transactions have helped raise the international profile of Greek engineering and semiconductor expertise.

Investment in research and development

Greece is also working to strengthen its position through research infrastructure, European partnerships and initiatives supporting semiconductor innovation.

The Hellenic Chips Competence Centre, established with European and national support, aims to help businesses access expertise, training, research facilities and advanced chip-design capabilities.

The initiative reflects Europe’s broader effort to strengthen its semiconductor capabilities and reduce reliance on external suppliers.

Greece’s opportunity in the global chip industry

Semiconductors are essential to modern technology, powering everything from smartphones and computers to electric vehicles, artificial intelligence systems, telecommunications and defence equipment.

Although Greece does not currently compete with major manufacturing centres such as Taiwan and South Korea, its growing expertise in semiconductor design and engineering gives it an opportunity to play a greater role in the international technology supply chain.

With an established pool of engineering talent, research institutions and companies attracting multinational interest, Greece’s semiconductor sector is becoming an increasingly important part of its evolving economy.

The country’s challenge now is to turn this specialist expertise into sustained investment, new businesses and highly skilled employment.

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