European Commission: 43 billion euros for the European semiconductor industry
FHI, Federation of Technology Industries – February 8, 2022
- The RIVM will release the infection figures later because it wants to include the figures including underreporting.
- The European Commission has announced the European Chips Act, a bill to pump billions of euros into Europe's semiconductor industry. Through subsidies, national and private investments in the production and development of chips, Europe must become less dependent on Asia. According to the plan, production must be doubled by 2030 and in the event of shortages, exports can be restricted. According to NRC 43 billion euros will be invested, of which 30 billion for new chip factories.
- Because inflation is expected to continue for at least another year, the government must reduce a number of taxes. For example, the purchasing power of employees must improve. Employers and employees advocate this reports NU.nl.
- The takeover of chip designer ARM by Nvidia has been definitively cancelled. The American watchdog had already raised competition concerns. Softbank, the current owner of ARM, is now targeting an IPO in the US, writes Bloomberg.
- Pfizer sold $36.8 billion worth of corona vaccines worldwide in 2021. This year, the drug manufacturer expects to be able to sell $32 billion worth of vaccines, Pfizer said in its annual figures.
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