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DPA
DPA
The European Commission unveiled a legislative package on Tuesday aimed at beefing up its 10% global market share of strategically important – and currently scarce – semi-conductors, pledging to shore up its supply in future crises. “Chips are at the centre of the global technological race. They are also the bedrock of our modern economies,” EU executive branch president Ursula von der Leyen told the press in a short statement. The aim is to mobilize more than €45 billion ($51 billion) to help the European Union quadruple its production capacity and double its market share by the end of the de…