Daily Memo: Semiconductor Plant in Germany, Iranian Air Defense in Mali

Europe is pursuing plans to reduce its dependency on foreign chip suppliers.

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European chipmaking. Construction began on Tuesday on a new semiconductor plant in Dresden, Germany. The European Semiconductor Manufacturing Co. is a joint venture involving Taiwanese chipmaking giant TSMC (which owns 70 percent of the project), Germany’s Bosch and Infineon and the Netherlands’ NXP. The plant is part of the European Union’s growing efforts to avoid […]

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