Biden says vaccine requirements ‘should not be another issue that divides us’

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.

The Fort News