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EU plans to produce 20% of global chips by 2030 – Xinhua English.news.cn

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EU plans to produce 20% of global chips by 2030

2022-01-21 06:49

Source: Securities Times Network

Author: Song Tenghu

Securities Times Network

Song Tenghu

2022-01-21 06:49

Securities Times Network News, according to CCTV news, European Commission President Von der Leyen said at the annual meeting of the World Economic Forum on the 20th local time that the EU will propose a draft law to regulate the production of EU chips at the beginning of next month, and strive to make the EU within ten years. Double the number of self-produced chips. At present, most of the chips used in the EU come from manufacturers outside the EU, resulting in strong external dependence and unstable supply, which the EU cannot afford. By 2030, 20% of the world‘s chips should be produced by companies in EU countries.

Disclaimer: Securities Times strives for true and accurate information. The content mentioned in the article is for reference only and does not constitute substantive investment advice. Operational risks are based on this.

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