EU’s Breton Says Time to Fix ‘Naive’ Approach to Chip Supply
- New analysis shows growing risk to the bloc’s chip supplies
- Plan made up of two phases to boost manufacturing: Breton
This article is for subscribers only.
Europe was naive to outsource so much of its semiconductor design and manufacturing to other regions and needs to redress the balance, the European Union’s top industry official said.
Industry Commissioner Thierry Breton said a global chip shortage that’s disrupting the car industry and supplies of electronic goods is proof that it’s time to act.