Mastery of technology is central to the ‘new geopolitical order’, Breton says

Euractiv | Jul 27, 2021 at 6:01 PM
  • Within the European Commission, the French politician has been among the most vocal advocates of open strategic autonomy, pushing for an active industrial policy aimed at reducing to the minimum the EU’s economic dependency on countries outside the bloc.
  • For the Commissioner, the COVID-19 crisis highlighted Europe’s strategic vulnerabilities, such as its dependency on American and Asian producers for semiconductors, the basic component for electronic devices.
  • In less than 30 years, Europe’s market share of semiconductors dropped from 40% to 10%, leaving the bloc exposed to the current global semiconductor shortage.