NewsEC to spend €43bn to help solve Europe’s chip shortage

February 9, 2022by 0

When the chips are down, the only thing to do is to fling money at the problem. European Commission president Ursula von der Leyen has announced the EU will spend €43bn ($49bn) to fix the hole in Europe’s semiconductor supply chain.
In a report in the UK Guardian, she says: “The pandemic has painfully exposed the vulnerability of its supply chains. We have seen that whole production lines came to a standstill. While …

The post EC to spend €43bn to help solve Europe’s chip shortage appeared first on The Loadstar.

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