Jump to content
Sign in to follow this  
Admin

EU aims to double chip manufacturing amid growing fears about ‘digital sovereignty’

Recommended Posts

Semiconductor Production at Globalfoundries Europe Plant Semiconductor production, as shown above in GlobalFoundries’ European factory, is an extremely capital-intensive business.

The European Union wants to double its chip manufacturing output to 20 percent of the global market by 2030. The goal is part of its new Digital Compass plan, announced yesterday, which aims to boost “digital sovereignty” by funding various high-tech initiatives.

As well as doubling chip output, the EU also wants all households to have 5G access and gigabit internet connectivity by 2030; for “all key public services” to be available online in every member state; and for the bloc to have its first quantum computer. Funding for these and other projects will come from the EU’s €672.5 billion ($800 billion) coronavirus response fund, with 20 percent of this money ($160 billion) earmarked for tech investment.

The EU’s ambition to produce...

Continue reading…

View the full article

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Sign in to follow this  

  • Recently Browsing   0 members

    No registered users viewing this page.

×
×
  • Create New...

Important Information

By using The Great Escaped Online Community, you agree to our Privacy Policy and Terms of Use