Europe has been focusing for a while on trying to revive its flagging hardware and manufacturing industries, and today the European Commission decided to put its money where its mouth is.
It’s proposing a new investment package worth €25 billion ($32 billion) over the next seven years to drive more production and innovation in the areas of electronic components and systems design, including nano-electronics.
Among the goals for the initiative: “reverse the decline of the EU’s global share in the electronic components and systems area; maintain Europe’s leadership"
Read more... “Cars, planes, trains, medical and health equipment, home appliances, energy networks and security systems will all benefit from advanced European capabilities”
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