EU to Invest 525 Million Euros in Semiconductor Sector
Reuters reported that the European Union will invest a total of 525 million euros in efforts including scaling up semiconductor startups.
What happened
According to Reuters, the European Commission and EU member states will provide 440 million euros in grants to support the development costs of commercial semiconductors. The remaining 85 million euros will fund a European semiconductor design platform.
Sources
Translated from the Japanese original: /news/eu-handoutai-shinkou-kigyou-nadoni-5-oku-2500-man-yuuro-wo-t-7e6576. The Japanese version is authoritative if they differ.