Automakers have been among the hardest hit by the shortage, which has slowed or halted production.
Most of chipmakers are based in Asia, and the bloc wants to reduce its dependence by boosting production on its soil.
“The commission will consider approving support to fill possible funding gaps in the semiconductor ecosystem, in particular for European first-of-a-kind facilities,” said Margrethe Vestager, the European commissioner for competition.
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CHINA CLEARS BOEING 737 MAX TO FLY AGAIN
China’s aviation regulator cleared the Boeing 737 Max on Thursday to return to flying with technical upgrades more than two years after the plane was grounded worldwide following two fatal crashes.
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