Europe to Invest €525 Million in Chip Startups to Catch up with US and China
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9 Articles
Europe to invest €525 million in chip startups to catch up with US and China
The European Union will invest €525 million ($590 million) in chip startups to help them scale up faster, EU tech chief Henna Virkkunen said on Wednesday, part of a push to help Europe catch up with the United States and China.
The European Union has allocated $590 million to support emerging chip design firms and promote competition with America and China, with European companies acquiring less than 1% of the sector ' s revenues globally.
Economy: Direct. The European Union intends to invest 525 million euros ($590 million) in emerging e-chip companies to help them expand faster, depending on...
With investments of 525 million euros, the EU is supporting a new generation of European chip design companies. Europe wants to become more independent.
The European Union has launched the European Chip Design Platform, a platform supporting integrated circuit design in Europe. A total of €525 million has been allocated to the initiative. The EU aims to reduce our dependence on Western suppliers... Full version of the website: https://ithardware.pl/aktualnosci/unia_europejska_rozwoj_chipow-55807.html
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