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EU looking to relax rules to allow funding of cutting edge chip plants

By Sabine Siebold and Philip Blenkinsop

Nov 19 2021 7:05AM

Eyes greater market share.

EU looking to relax rules to allow funding of cutting edge chip plants

The European Union may ease state-aid rules to allow the funding of new chip plants to tackle shortages in the bloc, its competition chief said on Thursday, while resisting pressure led by France for a no-holds-barred approach to subsidies. Due to its reliance on Asian chips, the EU has been ...

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