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Be self-sufficient! The European Union plans to spend 43 billion euros on a chip supply chain

via:快科技     time:2022/11/24 14:01:02     readed:36

On November 23rd,Members of the European Union agreed to spend more than 43 billion euros, or about $15 billion, to develop the chip industry and reduce its dependence on American and Asian companies.

In February, the European Commission unveiled its long-mooted European Chip Act, which aims to significantly increase the EU's share of global chip production.

Europe's share of chip production has fallen from 24% in 2000 to 8% today,The European Chip Act, which aims to increase this to 20% by 2030, also targets 2nm advanced processes.


Why is the EU eager to revive its own chip industry? The biggest reason is the global pandemic. Missing core ” The incident caused damage to everything from cars to medical equipment, forcing some European consumers to wait nearly a year to buy a car.

European semiconductors missed out on memory and mobile chips,But in the field of industrial semiconductors, automotive semiconductors, including microcontrollers, sensors, radio frequency technology and automotive chips, the track is the leader, and wants to bring the car manufacturing industry back to Europe.

Eu ministers are expected to approve the chip plan when they meet on December 1 local time. However, the plan is likely to be passed by the European Parliament next year before it becomes law.


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