Europe Seeks Chip Independence, Faces Business Hurdles
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Europe wants to build a stronger domestic semiconductor industry. To achieve this, it is relying on help from TSMC, the world's largest chipmaker.
However, key Taiwanese companies in TSMC's supply chain are finding Europe a difficult market. They report challenges with high costs and complex bureaucracy. This creates a significant obstacle for Europe's plans.
These suppliers are essential for building a complete chipmaking ecosystem. Their reluctance could slow down Europe's goal of reducing its reliance on foreign semiconductor imports.