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Reuters

Dutch warn of global decoupling in EU chip law

The European Union must not dissociate itself from the global semiconductor supply chain in its efforts to create a European chip-making ecosystem and be self-sufficient, the Netherlands warned this week. Global supply chains, a business model that has proven popular over the past 30 years, have been disrupted by the COVID-19 pandemic, leading governments around the world to consider bringing operations closer to making their home. The European Commission, the EU executive, in September proposed a European chip law covering research and production capacity, caused by the chip shortage that has disrupted the auto industry, medical device makers and telecommunications providers.

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