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EU 'off the pace' in global microchip race: auditors

Energy Daily Tuesday, 29 April 2025 ()
Brussels, Belgium (AFP) April 28, 2025

The EU is lagging behind in the global race to produce microchips, and looks set to fall well short of its target to claim a fifth of the world's market, the bloc's auditors said Monday. "The EU urgently needs a reality check in its strategy for the microchips sector," said Annemie Turtelboom, a member of the European Court of Auditors. "This is a fast-moving field, with intense geopoli
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