Dutch warn against global decoupling in European Chips Act
By Marine Strauss and Foo Yun Chee
BRUSSELS (Reuters) – The European Union mustn’t decouple from the global semiconductor present chain in its efforts to create a European chipmaking ecosystem and be self-sufficient, the Netherlands warned this week.
Global present chains, a enterprise model that has confirmed widespread for the earlier 30 years, have been disrupted by the COVID-19 pandemic, principal governments all around the world to consider bringing manufacturing operations nearer to dwelling.
The European Commission, the EU govt, in September proposed a European Chips Act defending evaluation and manufacturing functionality, prompted by the chip shortage that has disrupted the auto commerce, medical devices makers and telecoms suppliers.
The EU relies on Asian-made chips and has a diminished share in the supply chain, from design to manufacturing functionality.
…