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The European Commission (EC) unveiled legislation designed to double Europe’s share of the semiconductor industry yesterday. The so-called Chips Act addresses supply-chain shortages in the EU’s tech sector. Having assigned EUR 11 billion for the package, the EU aims to raise EUR 43 billion overall and gain a
Taiwan will extend a USD 1 billion credit line to Lithuania as a gesture of solidarity with the Baltic country, and to help to offset the trade embargo that China has imposed on it. The fund aims to develop Lithuania’s biotech, finance, semiconductor and satellite industries. “We recognise and
Taiwan could help alleviate Europe’s semiconductor shortage by setting up manufacturing operations in central Europe. With a reputation as a tech heavyweight, the autonomous island claimed by mainland China is host to numerous electronic component manufacturers. In October, the head of Taiwan’s National Development Council, Kung Ming-hsin, said