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2025/05/17
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08:16:15
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Latest News:
PM emphasizes Germany's role in backing government's efforts to address pressing priorities
Tareq Saleh discusses with the Governor of Taiz and the Deputy Minister of Transport the acceleration ..
PM, U.S. Ambassador discuss bilateral relations
Prime Minister Receives Secretary-General of Gulf Cooperation Council
Deputy Foreign Minister discusses ways to enhance cooperation with Italian Official
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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