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DW News is a global English-language news and information channel from German public international broadcaster Deutsche Welle, established in summer 2015.
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DW News published this video item, entitled “The European semiconductor industry and its global competition” – below is their description.
By 2030, according to an estimate, one-fifth of the chips needed worldwide could come from Europe. But that scenario is currently a long way off. Right now, Asia is the dominate player in the global semiconductor market, with a share of 70 percent. The USA follows in second place, while Europe trails with an 8% percent market share. This increasing reliance on outside businesses has startled EU policy makers. Because its not just semiconductors that are receiving attention and funds, but also blockchain technology and artificial intelligence.DW News YouTube Channel
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In This Story: EU
The European Union (EU) is a political and economic union of 27 member states that are located primarily in Europe. Its members have a combined area of 4,233,255.3 km² and an estimated total population of about 447 million.