ANTWERP, Belgium : EU industry chief Thierry Breton on Tuesday touted the European Chips Act passed last month, saying Europe must manufacture its own cutting-edge computer chips and not be relegated to a position on research or in building relatively older chips.'With the Chips Act now agreed, we are sen
ANTWERP, Belgium : EU industry chief Thierry Breton on Tuesday touted the European Chips Act passed last month, saying Europe must manufacture its own cutting-edge computer chips and not be relegated to a position on research or in building relatively older chips.
The Chips Act is Europe's answer to similar plans to encourage the manufacture of semiconductors in the U.S. and China, as well as in Taiwan, South Korea and Japan. Breton said the plan was the model for a new generation of more assertive industrial policies including"direct support for the manufacturing base in Europe across the whole supply chain: being excellent in research is not enough. To be industrially relevant, one needs to build factories and produce in Europe".
"We are refusing any attempt of geographical segmentation where Europe would produce mature nodes , while Asia and the US would produce advanced nodes," he said.
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