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The European Union is set to introduce new measures to bolster its semiconductor industry, as indicated by European Commission digital chief Henna Virkkunen. This initiative follows discussions on a potential “Chips Act 2.0,” aimed at addressing shortcomings of the original €43 billion Chips Act from 2023, which fell short of its goals. The new plan focuses on enhancing advanced chipmaking, strengthening supply chains, and capitalizing on Europe's existing strengths in chip equipment manufacturing.
Five individuals have been charged in a bribery investigation linked to Huawei Technologies, following raids in Belgium and Portugal. The charges include active corruption and money laundering, with allegations of discreet lobbying efforts benefiting Huawei since 2021. The investigation has raised concerns about foreign interference in the European Parliament, prompting calls for stricter regulations on high-risk vendors in telecom infrastructure.
A new lobbying scandal in the European Parliament has emerged, with police raids linked to allegations of bribery involving Huawei. Investigators are focusing on 15 current and former MEPs, with several arrests made and offices sealed. Huawei has stated it takes the allegations seriously and is committed to cooperating with the investigation.
PSIQUANTUM has achieved a significant milestone in manufacturing photonic quantum chips at scale, addressing major hardware challenges in quantum computing. Meanwhile, India and the EU have strengthened their collaboration on AI, digital governance, and semiconductor ecosystems, committing to enhance digital cooperation, promote ethical AI, and ensure supply chain resilience. They also agreed to work on interoperability of Digital Public Infrastructures and bridge the digital skills gap through talent exchange initiatives.
The Biden administration's new export controls on Nvidia AI chips have sparked opposition among US supporters, who argue the rules limit access to crucial technology. While aimed at restricting advanced tech exports to China, the regulations have inadvertently affected US allies, including Poland and Israel, which now face challenges in acquiring necessary chipsets. Polish Deputy Prime Minister Krzysztof Gawkowski criticized the confusing nature of the rules, urging EU leaders to address the issue, while Israel convened an urgent meeting to discuss the potential impact on its AI development.
Europe faces a significant technological gap that poses a long-term security challenge, according to Ischinger. European Commission President Ursula von der Leyen has prioritized "tech sovereignty" alongside security and defense, appointing Henna Virkkunen to lead these efforts. However, Ischinger expresses skepticism about the EU's ability to overcome fragmentation in its capital market, which he identifies as a critical barrier to progress.
Henna Virkkunen
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EU plans new initiatives to strengthen semiconductor industry and supply chains
06:45 28.03.2025
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