Chip companies try to secure money from the European Chips Act
Major European chipmakers specializing in photonic chip production are asking for about 4 billion euros in subsidies. Only in this way would Europe be able to compete with the chip offerings of Asia and America, a position that the EU is hugely keen on. Chipmakers in the region at least seem to bel... Read more
Bosch plans to acquire TSI Semiconductors
The move reflects the increasing demand for chips in the electromobility industry.
This week German technology giant Robert Bosch announced it intends to buy TSI Semiconductors, a US-based manufacturer of silicon carbide chips.
Based in Roseville, California, TSI produces application-specific... Read more
HMD to set up Nokia 5G device production facilities in Europe
The Nokia licensee says that European production is a "security" step.
HMD Global, one of the largest Nokia production partners, has announced that it plans to set up smartphone production facilities in Europe, according to Reuters.
This marks the first major smartphone production capabilitie... Read more