EU is prepared to fund European chip manufacturing expansion – Techradar

The European Union (EU) has indicated it is prepared to fund initiatives that will strengthen Europes chip manufacturing capabilities.
A global chip shortage caused by the Coronavirus pandemic, combined with the rise of technology as a key strategic consideration, has led many countries and regions to reassess their supply chains and production capabilities.
The US, China and South Korea have all explored options, while the EU has previously suggested it would support an alliance between major European…

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