EU to significantly boost microchip production LONG CLIP

Plans to significantly boost the EU’s production of semiconductors were unveiled today.

The President of the European Commission Ursula von der Leyen announced details of a new EU Chips Act. It aims to increase Europe’s production of microchips to twenty percent (20%) of the global market share by 2030.

Microchips are used in a wide range of products from smartphones, cars and washing machines to healthcare, energy, and industrial systems.  But the EU is highly dependent on other countries such as Taiwan for their production.

In the following clip, President von der Leyen gives details of the new European Chips Act.

Out words: about reliability

Dur: 05:38