The European Commission will present a plan tomorrow with which it plans to mobilize up to 48,000 million euros so that the European Union quadruples its production of semiconductors until 2030 and can ensure the supply of some components for which it now depends on Asian manufacturers.
“Today 50% of semiconductors are produced in Taiwan. If for one reason or another Taiwan couldn’t export them, it would only take three weeks for almost all the factories we have – automobiles, meat, electrical appliances – to stop working, because they would not have semiconductors. This is not acceptable, we have to equip ourselves with the capacity to respond to this eventuality,” the European Commissioner for the Single Market, Thierry Breton, told Efe on Monday.
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