The European Union’s EUR 43 billion (nearly Rs. 3,84,120 crore) plan to boost its semiconductor industry and catch up with the United States and Asia is likely to get the green light from EU countries and lawmakers on April 18, people with direct knowledge of the matter said on Wednesday. The European Commission announced the … Read more
Japan’s industry ministry said on Monday it aimed to treble sales of semiconductors made in Japan to JPY 15 trillion (roughly Rs. 9,285,004,593,300 crore) by 2030 as Tokyo strives to boost domestic microchip production following global supply chain snarls. Japan sees microchips as strategic products to strengthen its economic security and is providing hefty subsidies … Read more
The retired founder of TSMC said on Thursday that even as he supported US efforts to slow China’s advances in the semiconductor industry, the “bifurcation” of the global supply chain and the reversal of globalisation would increase prices and reduce the ubiquity of chips that power the modern world. “There’s no question in my mind … Read more