Eastern Europe may become microchip powerhouse

eastern europe may become microchip powerhouse

Sumary of Eastern Europe may become microchip powerhouse:

  • Taiwan is considering cooperation with Eastern European states on semiconductors amid the global chip supply shortage, a Taiwanese minister revealed on Thursday.
  • Read more He said all three countries expressed readiness to jointly work on semiconductor chips with Taiwan, which holds a 63% share of the global semiconductor market.
  • The European Commission in September proposed a new piece of legislation to increase chip production amid global shortages that forced delays in many industries, with carmakers hit the hardest.
  • The so-called ‘Chips Act’ is aimed to boost chip research, domestic semiconductor production capacity, and international cooperation on chip manufacturing.

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