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EU to Invest €43 Billion to Boost Local Chip Production, Reduce Dependency on Asia

The European Parliament and EU member states reached an agreement Tuesday on a plan to boost the supply of semiconductors in Europe, as the bloc races to reduce its dependence on Asian suppliers. The European Union has prioritised local chip production after the coronavirus pandemic triggered supply chain shocks that led to significant shortages. Asian industry, especially firms in China and Taiwan, currently dominate the manufacture and export of semiconductors.
United States Bruxelles Capitale South Korea Thierry Breton European Parliament European Council
Source: news18.com

BBCNEWS BBC News June 4, 2024 21:20:00

Let its rules and state aid rules be the ones that apply in northern ireland, that is a pretty big coup for the prime minister. rishi sunak is a brexiteer. _ for the prime minister. rishi sunak is a brexiteer. but _ for the prime minister. rishi sunak is a brexiteer. but he _ for the prime minister. rishi sunak is a brexiteer. but he is _ for the prime minister. rishi sunak is a brexiteer. but he is alleged . for the prime minister. rishi sunak is a brexiteer. but he is alleged to| is a brexitee...
Rishi Sunak Northern Ireland Prime Minister State Aid Rules Theissues Deal Brexit Deal

BBCNEWS BBC News at Ten June 4, 2024 22:13:00

Subsidies of $370 billion to encourage companies to move their production and supply chains there. the eu is rattled and trying to figure out how to respond. it is thought they might try to loosen the state aid rules so that governments can support their own car industries, the kind of state aid that the uk thought was constrained by membership of the eu, so the question is what will the uk do to respond? there is only one electric battery plant here in the uk, there are 35 either open, under co...
Supply Chains State Aid Rules 70 Billion 370 Billion State Aid Ccar Industries

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Green Deal Industrial Plan for the Net Zero Age – the EU's Answer to the Inflation Reduction Act | Akin Gump Strauss Hauer & Feld LLP

Yesterday (1 Feb 2023) marked the launch by the European Commission (EC) of the Green Deal Industrial Plan for the Net Zero Age. Its introduction is aimed at a levelling up of the...
United States Akin Gump Strauss Hauer Feld European Union European Commission Akin Gump Strauss Hauer Green Deal Industrial Plan

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