ROME (Reuters) – European Union Industry Commissioner Thierry Breton said the bloc aims to increase its production of chips to 20% of global supply, from the current 10%, over the next ten years, according to comments released by Italy’s industry minister after a meeting.
In May Breton had said the EU would commit significant funding to expand semiconductor manufacturing.
(Reporting by Giuseppe Fonte, writing by Giulia Segreti, editing by Cristina Carlevaro)