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EU may struggle to catch up with US, Asia in chips subsidies race

BRUSSELS/STOCKHOLM : The European Union agreed a 43-billion-euro ($47 billion) chip subsidies plan on Tuesday but the relatively modest budget, lack of a domestic market for cutting-edge chips and red tape could hamper efforts to catch up with the United States and Asia.The size of subsidies under the EU
United States T Ai Pei Republic Of South Korea Zuid Holland Richard Windsor

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New release: Attractive growth opportunities for Low Light Imaging Market players

Low Light Imaging Market by Technology (CMOS and CCD), Application (Photography, Monitoring, Inspection & Detection, and Security & Surveillance), Vertical (Automotive, Consumer Electronics, Medical & Lifesciences) and Region - Global Forecast to 2027
South Korea United States Switzerland General Hamamatsu Photonics Asia Pacific Valens Semiconductor

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

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