European Chips Act – practical comments
Publication date: April 04, 2025
Chips, also known as semiconductors, are the foundation of all electronic products and play a key role in modern economies and our daily lives. Without them, digital transformation would not be possible, and their importance reaches across industries such as automotive, telecommunications, data processing, space, defence, smart devices and gaming. The recent global chip shortage has disrupted supply chains, leading to shortages in products from cars to medical devices. In some cases, this has forced factories to halt production.
