EU planning billions in subsidies for semiconductors | DW News

Shortages in microchips, also called semiconductors, have caused a major security headache for governments, with microchips being crucial for transport networks and defense systems. Now the European Union has struck a deal that would boost production of semiconductors and help the EU break its reliance on suppliers in other countries. Prior shortages were largely attributed to supply issues linked to COVID-19. Factories in Taiwan and China making the chips have re-opened but the backlog remains significant.

Subscribe: https://www.youtube.com/user/d....eutschewelleenglish?

For more news go to: http://www.dw.com/en/
Follow DW on social media:
►Facebook: https://www.facebook.com/deutschewellenews/
►Twitter: https://twitter.com/dwnews
►Instagram: https://www.instagram.com/dwnews
►Twitch: https://www.twitch.tv/dwnews_hangout
Für Videos in deutscher Sprache besuchen Sie: https://www.youtube.com/dwdeutsch

#EU #chips #semiconductor