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Reuters

Dutch warn against global decoupling in European Chips Act

The European Union should not decouple from the global semiconductor supply chain in its efforts to create a European chipmaking ecosystem and be self-sufficient, the Netherlands warned this week. Global supply chains, a business model that has proven popular for the past 30 years, have been disrupted by the COVID-19 pandemic, leading governments around the world to consider bringing manufacturing operations closer to home. The European Commission, the EU executive, in September proposed a European Chips Act covering research and production capacity, prompted by the chip shortage that has disrupted the auto industry, medical devices makers and telecoms providers.



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