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The EU Wants to Quadruple the Production of Microchips by 2030

The European Commission will soon unveil a plan to quadruple European production of electronic chips by 2030, and it will be one of the main initiatives of European industry, crucial from a geopolitical point of view. "We want to reach 20% of world production by 2030, knowing that the market should double by then. It is therefore a question for Europe to multiply its own production by four," said European Commissioner for Internal Trade Thierry Breton. for the French newspaper Les Echos. The global economy is now facing a shortage of semiconductors, while demand has increased due to increasing... … Read More »