EU Kicks Off Race to Produce Advanced Semiconductors by 2030
- Officials want EU to manufacture 5nm to 2nm semiconductors
- EU also wants to boost cloud, quantum computing in Europe
Photographer: Liesa Johannssen-Koppitz/Bloomberg
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The European Union outlined the bloc’s digital goals for the next decade, including plans to develop and manufacture the world’s most advanced semiconductors by 2030, in an effort to reduce reliance on foreign companies for critical technological components.
Production of at least 20% of the world’s semiconductors in value is targeted by that date, the EU said Tuesday. Mature semiconductors are already produced in Europe, but officials want the region to manufacture chips that are faster than the most efficient currently made by industry leaders Taiwan Semiconductor Manufacturing Co. and Samsung Electronics Co.