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Last Update: ،
2026/07/27
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09:12:39
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Latest News:
Yemen Condemns Terrorist Drone Attacks Against Saudi Arabia Launched from Iraqi Territory
Minister Stresses Strengthening Social Fund for Development While Safeguarding Its Independence
Yemeni Ambassador, University of Jordan President Discuss Expanding Academic Cooperation
'MASAM' Removes 5653 of Houthis-Laid Landmines, UXO In July
Al-Khanbashi Avows Support for Judicial Authority to Protect Public Funds
EU approves a plan worth € 43 billion to support electronic chips
[19/04/2023 08:47]
BRO - SABA
The European Union (EU) approved a bill to support electronic chips with total cost €43 about $47 billion to boost Europe's production of semiconductors and reduce its exposure to supply chain disruptions.
The project aims to attract key chip makers to build factories in the countries of the EU and to increase their share of global production to 20 percent by 2030 and to set measures to prepare, anticipate and swiftly respond to any future supply chain disruptions.
The project also is intended to reduce the EU's dependence on Asia as Taiwan accounts for more than 60 percent of global chip production.
The European Union (EU) approved a bill to support electronic chips with total cost €43 about $47 billion to boost Europe's production of semiconductors and reduce its exposure to supply chain disruptions.
The project aims to attract key chip makers to build factories in the countries of the EU and to increase their share of global production to 20 percent by 2030 and to set measures to prepare, anticipate and swiftly respond to any future supply chain disruptions.
The project also is intended to reduce the EU's dependence on Asia as Taiwan accounts for more than 60 percent of global chip production.
Key words:
semiconductors - disruptions - dependence - anticipate - electronic - production - SABA The - countries - factories - European -
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