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UK to Buy AI Chips From British Tech Firms, Telegraph Reports
Electrical testing on a silicon semiconductor wafer at the Newport Wafer Fab, owned by Nexperia Holding BV, in Newport, UK, on Thursday, Aug. 18, 2022. The UK government is deliberating whether to block a Chinese company from remaining the new owner of Newport Wafer Fab, exposing the political dilemma between supporting a key industry and keeping Beijing’s influence in check.
Trade commissioner pledges ‘new tool’ to diversify suppliers and cut reliance on China
The European Commission is preparing a new tool to curb the bloc's dependence on China, with Trade Chief Maroš Šefčovič saying on Friday that companies could be required to source from at least three different suppliers. EU Trade Commissioner Maroš Šefčovič pledged on Friday a new instrument designed to help European businesses diversify suppliers and prevent shortages of critical materials from China. “Diversification now requires a dedicated instrument,” Šefčovič said at the Brussels...
EU trade chief calls for new tool to diversify supply away from China
BRUSSELS — EU trade chief Maroš Šefčovič has called for a new “diversification instrument” to help ensure that industry is not dependent on single sources of supply in sensitive sectors such as chips and rare earths. “Diversification requires a dedicated instrument,” Šefčovič said at the European Policy Center’s Brussels Economic Security Forum on Friday. “The model I have in mind is the Energy Union — a crucial undertaking for Europe,” said the EU trade chief, citing an initiative that he...
Off the Record: Politics, protests and dead flamingos dominate EU-Western Balkans summit
Euronews Europe editor Maria Tadeo provides highlights and analysis from the EU-Western Balkans summit held this week in her signature newsletter Off the Record. When I launched this newsletter, I promised you zeitgeist, so here's the zeitgeist — I am filing this at ungodly hours, from a flat in Tivat, on the coast of Montenegro, on five hours' sleep, praying for no typos and my keyboard on fire. But oh boy how I love this job.