Europe has risky reliance on China for low-tech chips, auditors warn

Brussels is far from meeting its targets to reshore microchips manufacturing.

Behind shiny new semiconductor investments, the EU Chips Act needs more work

While Thierry Breton hailed chip manufacturers’ recent investment pledges in Europe as a โ€˜culminationโ€™ of the EU’s industrial strategy and its newly-adopted Chips Act, a lot more work is needed.

Breton: TSMC chip factory investment marks โ€˜culminationโ€™ of EU industrial strategy

Taiwanese semiconductor manufacturer TSMCโ€™s โ‚ฌ10 billion investment in a new chips factory in Germany marks the โ€œculminationโ€ of the EUโ€™s industrial strategy of the past few years, EUโ€™s Single Market Commissioner Thierry Breton said.