The European Parliament and the Member States of the European Union reached an agreement on Tuesday 18th April on a plan to develop the semiconductor industry. The stated objective is to reach 20% of the world market by 2030.

The European Union, at the forefront of flea research, has seen its market share fall in recent decades. Geopolitical tensions around China, as well as the pandemic, have raised awareness of the need to produce in Europe these essential components, mainly imported from Taiwan and Korea.