At the time of the global chip shortage, the European Union announced the "European Chip Act" on the 8th, shouting that the global market share of European chips will double in 2030, according to foreign media sources, the EU is responsible

On the occasion of the global chip shortage, the European Union announced the "European Chip Act" on the 8th, shouting that the global market share of European chips will double in 2030, according to foreign media sources, the EU executive committee responsible for internal market business Bühler Dong recently stressed that if Taiwan Island can no longer export semiconductors, almost all factories in the world will be shut down within 3 weeks.

The European Union proposed the "European Chip Act" on the 8th, which will allocate 43 billion euros to the semiconductor industry to reduce dependence on Asia in this field. Breton also publicly affirmed Taiwan's position in the global semiconductor field at a press conference, saying that more than half of Europe's chip demand depends on Taiwan. Breton said there are major economic risks to over-reliance on the island of Taiwan, such as a military conflict between Taiwan and Chinese mainland, "if Taiwan can no longer export semiconductors, almost all factories around the world will shut down within 3 weeks." ”

Emilie Jolivet, head of the semiconductor business at The French technology consultancy Yole Developpement, told AFP that "Europe is currently very backward in semiconductor production" and that the European Wafer Act, while a step forward, must still be compared with global action, especially in Asia. She stressed that Taiwan's TSMC will invest 36 billion euros in 2022 alone.

Jolivet pointed out that Europe currently has a "double dependence" on semiconductors, relying on American companies designing chips, such as Intel, Micron, Phedra and AMD, and on the other hand relying on Asia for manufacturing, such as TSMC, Samsung, SK Hynix and so on.