World Region – Europe
The EU president Ursula von der Leyen launched the $48 billion EU Chips Act this afternoon. The Act aims to rival the $52 billion US Chips Act with the goals of quadrupling EU IC output in the next eight years and securing 20% world market share for Europe.. $48 billion in one year, on its own, looks small compared to ...
Isar, the Munich-based launch service provider for small and medium satellites, has extended its Series B funding to $165m. The round was led by HV Capital, Porsche SE, and Lombard Odier. There was also “substantial participation” from existing investors Earlybird, Lakestar, Vsquared Ventures, and Apeiron. It added $75m to the amount raised at the end of last year. With total ...
ST CEO Jean-Marc Chery has welcomed the EU’s initiative to give the EU a leading edge capability in semiconductors and to gain 20% world market share, but says that ST will not be joining in the effort. “We see this in a positive way,” Chery told BFM Business referring to the EU initiative, “it will lead to competition in advanced ...
Apple is to invest over 1 billion euros in a Munich design centre focussed on wireless technologies including 5G. Apple’s plan is to move people into the 30,000-square-metre building in Karlstrasse near central Munich in late 2022. The centre will hire hundreds of people. “I couldn’t be more excited for everything our Munich engineering teams will discover — from exploring the ...
German Economy Minister Peter Altmaier has sent a letter to Taiwan’s Minister for Economic Affairs Wang Mei-hua asking her to help solve the chip shortage being suffered by the German car makers. “I would be pleased if you could take on this matter and underline the importance of additional semiconductor capacities for the German automotive industry to TSMC,” wrote Altmaier. TSMC ...
Broadcom has made an offer to the EU to get it to drop its anti-trust investigation, reports Reuters. In return for ending the investigation into its sales practices, Broadcom has said it is willing to drop ‘exclusivity deals’ whereby TV and modem customers who buy more than 50% of their requirement from Broadcom get rebates and special treatment. “In these ...
The Galileo Return Link Service, confirming distress signals have been received, is now live.
Germany should install a million EV charging points by 2030, says Chancellor Angela Merkel. Today the Chancellor is meeting the German car industry to work out how the country can move faster to EVs. “For this purpose, we want to create a million charging points by the year 2030 and the industry will have to participate in this effort, that ...
Claiming to be the world’s biggest photovoltaics installation in the world, 185 m² of organic photovoltaic films were installed on the façade of a warehouse of Duisburger Hafen AG. The trial installation has 192, three metre long HeliaSol film panels, making it the largest facade installation to date with organic photovoltaics (OPV). HeliaSol is a light, thin, flexible solar film that ...
The UK government has published the first tranche of guidance should the UK leave the EU with ‘no deal’. They can be found here on the Department for exiting the European Union website. According to the Department in the introductory document: “This document puts the government’s technical notices in context, explaining the current progress in negotiations and the unlikely circumstances ...
