EU industry commissioner: EU will seek investments in chips from Intel, Taiwan Semiconductor Manufacturing and Samsung Electronics

EU Industry Commissioner Thierry Breton said he will seek investments in Europe from Intel, Taiwan Semiconductor Manufacturing and Samsung Electronics when he meets with company executives in the coming days. The EU wants to design and produce the next generation of semiconductors in the region. In an interview with French newspaper Les Echos, he said the EU's plan for a semiconductor alliance had the backing of 22 countries and that officials were in talks with technology, telecommunications and car companies.