“The Space Race of Our Time:” EU Follows U.S. and China’s Dash for Domestic Chips


Source: allaboutcircuits.com allaboutcircuits.com

Key Topics in this News Article:

News Snapshot:

“The Space Race of Our Time:” EU Follows U.S. and China’s Dash for Domestic Chips March 31, 2021 WhatsApp The European Commission (EC) recently proposed a plan, dubbed 2030 Digital Compass , to increase Europe’s global contribution to semiconductor manufacturing by 2030. This proposal comes at a time when there have been significant supply failings within the global chip industry with even the biggest chipmakers failing to meet demand from customers in critical industries like automotive and consumer products. The EU’s current progress toward the 2030 targets for an “inclusive and sustainable digital society.” Image used courtesy of the EUR-Lex...