The EU Invests in the Semiconductor Industry

A Shortage of Semiconductors In 2021 and 2022 the world has experienced a shortage of semiconductors that forced companies to scramble for solutions. Many have been forced to temporarily close down production several times because of the shortage and the number of vehicles produced has dropped. The shortage has led many national governments, as well as the EU, to take measures to support the development in the semiconductor industry in their respective countries. The US and India are among the countries that have launched multi-billion dollar programmes to support semiconductor development in their countries. Asian countries, especially Taiwan and China,…...