On Friday 1 December, the European Commission inaugurated the Chips Joint Undertaking (‘Chips JU’), which aims to strengthen public and private funding for research and innovation in this sector and ultimately to reduce the European Union’s dependence on China (see EUROPE B13229A11).
Between now and 2030, the Joint Undertaking will have to manage an estimated budget of almost €11 billion from the EU and participating countries. On Friday, the Commission announced a first call for...