日韩精品久久一区二区三区_亚洲色图p_亚洲综合在线最大成人_国产中出在线观看_日韩免费_亚洲综合在线一区

Global EditionASIA 中文雙語Fran?ais
World
Home / World / Europe

EU bets big in quest for edge on chips

By CHEN WEIHUA in Brussels | China Daily | Updated: 2022-02-10 10:39
Share
Share - WeChat
Thierry Breton, the EU's industry commissioner, presses Europeans in Brussels on Tuesday to be more ambitious on the chip industry. YVES HERMAN/REUTERS

Bloc aims to put $49b behind push to boost output and cut reliance on Asia

The European Union rolled out a massive investment plan for the region's semiconductor industry on Tuesday in a bid to reduce its dependence on outside suppliers and become a key global player.

The European Chips Act aims to double the bloc's chip production by 2030 to account for 20 percent of all chips produced globally. It calls for a total investment of 43 billion euros ($49 billion), including 11 billion euros made available by the EU and the rest yet to be raised.

The act will be "a game changer for the global competitiveness of Europe's single market", European Commission President Ursula von der Leyen said on Tuesday.

She said that in the short term, it will increase the EU's resilience to future crises such as supply chain disruptions before helping to make Europe "an industrial leader in this strategic branch".

The commission is acting to address the bloc's heavy dependence on third-country suppliers, notably from Asia. The recent global chip shortage forced car production in some member states to fall by a third in 2021.

Commission Executive Vice-President Margarethe Vestager, who is in charge of the EU's digital transition, said: "We should not rely on one country or one company to ensure safety of supply. We must do more together-in research, innovation, design, production facilities-to ensure that Europe will be stronger as a key actor in the global value chain."

The EU hopes to see greater research into cutting-edge technologies, such as the development of chips below the 1-nanometer scale and the establishment of so-called mega-fabs within the EU to produce chips for the local and export markets.

European Commissioner for Internal Market Thierry Breton said that "securing the supply in the most advanced chips has become an economic and geopolitical priority".

The EU proposal came after the United States House of Representatives on Friday passed the America COMPETES Act of 2022, which includes $52 billion in grants to subsidize chip manufacturing.

In May, South Korea announced it would invest $450 billion to become a global chip powerhouse.

The European Chips Act allows a relaxation of the bloc's own state aid rules, which were designed to prevent unfair subsidies by member states from harming competition.

The move has been viewed by some as being at odds with the EU's long-standing complaints about some countries' use of state subsidies as part of an industrial policy that effectively results in government picking winners and losers.

A senior commission official in a background briefing said that the move was rarely used and only applied as a last-resort measure or in a crisis. Another official cited the US invocation of the Defense Production Act relating to COVID-19 vaccine production as a mechanism that the EU could learn from.

Composition of a crisis

"Once the EU, US and other market economies concede that governments must control production and allocation of resources in times of crisis, the only argument we have with 'planned economies' is what actually constitutes 'crisis'," said Hosuk Lee-Makiyama, director of the European Center for International Political Economy in Brussels.

Ding Chun, director of the Center for European Studies at Fudan University, said that the EU has used such vertical industrial policies in the past to support specific companies and industries.

"The EU now feels the challenge in the technology sector, in fields such as artificial intelligence and information technology, from the US and a fast-rising China, so it is picking up the vertical industrial policy again," he said.

Ding describes the EU Chips Act as different from the US one, which is all about geopolitical rivalry with China, as evident with the targeting of Chinese firms through the government's Entity List.

He Zhigao, a researcher at the Institute of European Studies at the Chinese Academy of Social Sciences, said: "If the EU cannot successfully tackle its challenge of a fragmented market within the bloc, and if it follows the US in technological decoupling, then it won't be able to gain an advantage in chip competition."

The Chips Act needs to be approved by the European Parliament and discussed by member states before becoming applicable across the bloc.

Most Viewed in 24 Hours
Top
BACK TO THE TOP
English
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
主站蜘蛛池模板: 99在线精品视频免费观里 | 久久天天 | 成人午夜在线观看 | 99久久精品国产一区二区三区 | 香港三级台湾三级在线播放徐 | 欧美aaaaaaaa| 美日韩一区二区三区 | 久久一区精品 | 国产在线精品一区 | www.天天草| 加勒比久草 | 国产一区二区在线免费观看 | 一区二区蜜桃 | 精品卡1卡二卡3卡 | 一区二区三区四区视频 | 91精品久久| 小凤仙的故事 电视剧 | 91中文字幕在线观看 | 韩国三级bd高清中字木鱼天 | 天天色综合天天 | 欧美日韩不卡 | 欧美成人激情在线 | 九色国产 | 免费男女视频 | 一本色道精品久久一区二区三区 | 国产精彩视频在线 | 大伊香蕉在线精品不卡视频 | 一级黄色免费片 | 亚洲欧美在线观看一区二区 | 国产精品小视频在线观看 | 天天看天天爽天天摸天天添 | 谍影特工在线观看完整版 | 斗罗破苍穹在线观看免费完整观看 | 精品久久中文久久久 | 欧美一级片在线看 | www香蕉视频| 国产免费中文字幕 | 九九精品视频一区在线 | 欧美的 | 欧美激情人成日本在线视频 | 日韩国产第一页 |