If the EU were so good at electronics why don’t they just make their own devices and stop telling real companies how to make good products! Seems like a bunch of stuffed shirts making decisions about things they have no idea about. Every think about where the fines go and who’s really paying for them and all the attorneys? This is probably why your iPhone cost 1400 instead of 1000. Use your head sheeple!
What do you mean? EU is highly present in the electronics business, they just don't produce a lot of consumer grade electronics. Without ASML of Netherlands there wouldn't be no Apple, Intel, AMD chips, without Bosch, Siemens, Philips, our cars would still be horses, 80% of medical equipment wouldn't exist.
Look at it that way, EU has corporations that enable other corporations to manufacture their stuff. 60% of the metal machining equipment is designed and produced in the EU, the other 30% in Japan. 80% of robotics in factories and assembly line machinery (one offs and standardized) are products of the EU.
As said, European corporations just don't make a lot of consumer electronics, mostly targeting the industry. Not to say there isn't any, Philips, Braun, etc. still produce electronics for the consumer.
As for why there are government level of regulations, it's because dumb consumers don't kill themselves. For example, a blender not blending until the lid is on and locked, is a governmental regulation, otherwise half this forum would walk around without fingers. The same is true with other standards, not just health & safety.