EU plans €43 billion chip supply investment

Tom Allen
clock • 2 min read
The EU intends to move production closer to home, rather than relying on Asian suppliers
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The EU intends to move production closer to home, rather than relying on Asian suppliers

The bloc hopes coordinating investment across member states will help to support R&D and production

The EU has announced a €43 billion investment in the chip supply chain to combat the ongoing global semiconductor shortage, as well as to lessen its dependency on Asian manufacturers. The chip i...

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