A European Union proposal to increase microchip production could unleash tens of billions of dollars in funding for research and new production facilities
BRUSSELS—, part of the bloc’s economywide effort to boost its commercial independence.
The European Commission, the EU’s executive arm, introduced legislation Tuesday to make available about $49 billion in public and private funding for the chip-making industry. The proposal would also give the Commission power, under some circumstances, to demand that companies give priority to specific products where there is a shortage.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
African Union unequivocally condemns recent 'wave' of military coupsIn the last 12 months, the African Union suspended four countries - Mali, Guinea, Sudan and Burkina Faso - over military coups.
Read more »
Auto Workers Vote Overwhelmingly for Independent Union at GM Plant in MexicoIndependent unions at other plants have won higher wages and benefits than those under Mexico's largest trade union.
Read more »
Will Banning Hate Speech Make Europe Safer?Essay: The EU has a new plan to regulate hate speech from Brussels, but history shows that such efforts often do more harm than good
Read more »
Google hit with $2.4 billion lawsuit in Europe for favoring its own shopping service | EngadgetSweden-based price comparison service PriceRunner has announced that it's suing Google after a European court ruled that Google breached EU antitrust law.
Read more »
Highly virulent HIV variant discovered in EuropeThursday’s report isn’t cause for alarm: HIV medicines worked just as well in people with the mutated virus as everyone else and its spread has been declining since about 2010.
Read more »