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The EU plans to invest more than 100 billion euros in semiconductor production 2023-08-11

[EU plans to invest more than 100 billion euros in semiconductor production]

 Caiyu August 11, according to AFP news on the 10th, the EU internal market Commissioner Thierry Breton said in the RTL radio program that the EU will invest more than 100 billion euros in semiconductor production policies to achieve self-sufficiency in the field. He said there are currently more than 68 projects in 19 countries, "which will allow us to regain competitiveness and strategic autonomy". The EU Chip Act proposes to mobilize 43 billion euros of public and private investment (3.3 billion euros from the EU budget) with the goal of doubling the EU's share of the global semiconductor market from 10 percent today to at least 20 percent by 2030.

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