Dutch warn against global decoupling in European Chips Act


FILE PHOTO: ASML employees test a TwinScan at the ASML factory in Veldhoven January 17, 2013. REUTERS/Michael Kooren/File Photo

BRUSSELS (Reuters) - The European Union should not decouple from the global semiconductor supply chain in its efforts to create a European chipmaking ecosystem and be self-sufficient, the Netherlands warned this week.

Global supply chains, a business model that has proven popular for the past 30 years, have been disrupted by the COVID-19 pandemic, leading governments around the world to consider bringing manufacturing operations closer to home.

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