EU Aims to Produce 20% of Globe’s Semiconductors by the End of 2030
EU Aims to Produce 20% of Globe’s Semiconductors by the End of 2030
Staff
Fri, 11/25/2022 - 14:54
The EU expects around 43 billion euros to be spent to perk-up the semiconductor ecosystem in the region that comprises production and research
After several rounds of heated discussion, the European Union nations decided to go after a 43-billion-euro ($44.4 billion) investment scheme to kick-start the region’s chip production by wiping out a major challenge in its plan to boost the high-tech industry. According to some anonymous sources, the agreement was finalized on Wednesday by some of the key EU ambassadors.
[original story: Circuit Digest]