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ECA Report: EU loses global semiconductor race
The European Union appears to have overestimated its chances of becoming a major player in the global microchip industry, according to a report published yesterday by the European Court of Auditors (ECA), which claims that the community bloc will not hold 20% of the global microchip market by 2030, a target assumed in 2022 but considered unrealistic by European auditors.
The European Union appears to have overestimated its chances of becoming a major player in the global microchip industry, according to a report published yesterday by the European Court of Auditors (ECA), which claims that the community bloc will not hold 20% of the global microchip market by 2030, a target assumed in 2022 but considered unrealistic by European auditors.
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