Europe to become a semiconductor leader
Over the past few months, there have been numerous reports about a global semiconductor shortage that's slowing down the production of everything from the latest smartphones to brand new cars.
With this issue affecting many parts of the globe, the European Commission this week unveiled a bold goal to manufacture 20 percent of the world's computer chips in Europe over the next decade (as per a BBC report). Last year, this figure stood at 10 percent. This will see the EU take the US and China head-on in an international semiconductor arms race.