Tag: European Chips Act

Here you will find all the articles with the tag: European Chips Act.

Member states reach agreement on €43 billion Chips Act

Member states reach agreement on €43 billion Chips Act

An insider source told Bloomberg that the member states of the European Union have reached an agreement on the Chips Act. The Chips Act was proposed by the European Commission in February 2022. Brussels wants 20 percent of all chips worldwide to be produced in the European Union by 2030. The Ch... Read more

date1 year ago
Infineon CEO wants EU chip plants to decrease reliance on Asia

Infineon CEO wants EU chip plants to decrease reliance on Asia

Reuters reports that Infineon CEO Jochen Hanebeck supports contract manufacturers developing new European semiconductor plants to decrease his company's dependency on Asian suppliers. About 15 percent of the German chipmaker's production components currently come from Taiwan. In an interview wit... Read more

date1 year ago
Spain invests $12 billion in the semiconductor sector

Spain invests $12 billion in the semiconductor sector

The Spanish government wants to invest over $12.3B in developing a local semiconductor industry. As a result, a major complication arose; chip manufacturers are onboard to withstand any challenges. Funded by the European Union, the finances were allotted to balance the economic consequences of t... Read more

date2 years ago
‘US must be independent of Taiwanese chip industry’

‘US must be independent of Taiwanese chip industry’

The US Department of Commerce wants the States to be independent of the Taiwanese chip industry. Commerce Secretary Gina Raimondo believes it's important to implement the Creating Helpful Incentives to Produce Semiconductors (CHIPS) as quickly as possible. According to the ministry, the US is to... Read more

date2 years ago
‘Samsung beats Intel to become largest chip vendor’

‘Samsung beats Intel to become largest chip vendor’

Gartner market researchers conclude that Samsung achieved more chip sales than Intel in 2021. The global chip shortage resulted in a record turnover. Last year, Samsung had a market share of 12.3 percent. Intel peaked at 12.2 percent. Samsung sold 28 percent more chips for a total turnover of 73... Read more

date2 years ago
The Netherlands invests 470 million euros in chip manufacturing

The Netherlands invests 470 million euros in chip manufacturing

PhotonDelta is receiving a 1.1 billion euro investment to make The Netherlands a front runner in the field of photonic chips. About half of the investment (470 million euros) is financed by the Dutch government. The rest stems from PhotonDelta's partners. The Dutch government wants to positio... Read more

date2 years ago
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