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IFX - Infineon Technologies AG News Story

€35.49 0.0  0.1%

Last Trade - 16/04/21

Large Cap
Market Cap £40.00bn
Enterprise Value £43.17bn
Revenue £8.04bn
Position in Universe 35th / 1048

BREAKINGVIEWS-EU chip factory fantasy puts cart before horse

Fri 26th February, 2021 10:13am
(The author is a Reuters Breakingviews columnist. The opinions expressed are his own.) By Liam Proud LONDON, Feb 26 (Reuters Breakingviews) - Commissioner Thierry Breton wants an advanced semiconductor plant to cut reliance on Asia. The problem is that Europe’s chip designers and carmakers are ill-equipped to use such a cutting-edge site. Getting them on side, and investing more in research, is the place to start. Full view will be published shortly. On Twitter CONTEXT NEWS - The European Union is exploring how to produce cutting-edge semiconductors within the bloc, Bloomberg reported on Feb. 11. The industry’s leading players, Taiwan Semiconductor Manufacturing and Samsung Electronics, could be involved in any plans, according to the report. - Germany, France and 17 other EU countries in December agreed to join forces to invest in processors and semiconductor technologies, in a push to catch up with the United States and Asia. - Commissioner Thierry Breton said in July 2020 that Europe needed to “invest massively” to produce high-performance processors as small as 2 nanometres to 3 nanometres. - For previous columns by the author, Reuters customers can click on PROUD/ - SIGN UP FOR BREAKINGVIEWS EMAIL ALERTS <^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^ Joint declaration Breton speech Bloomberg article BREAKINGVIEWS-Europe’s chip M&A invaders merit partial knockback*:nL8N2KF62W ^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^> (Editing by George Hay and Karen Kwok) ((; Reuters Messaging:
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