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For EU, microchips and geopolitics are two sides of same coin | View
With the EU Chips Act, the bloc intends to capture 20% of the semiconductor global market and achieve tech sovereignty, writes Raluca Csernatoni.
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"Securing the supply in the most advanced chips has become an economic and geopolitical priority," said Thierry Breton, EU Commissioner for the internal market.
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Brussels open to competition law exceptions for EU-made microchips
The European Commission has defended its longstanding rules and powers but opened the door for more flexibility in strategic areas.
Car sales in Europe hit record low due to microchips shortage
A recent shortage of microchips has severely disrupted the supply chain of the automotive industry, resulting in record low sales in October.