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Europe is focusing on ‘tech sovereignty’ as tensions flare between the U.S. and China - TL;DR CNBC

Europe is focusing on ‘tech sovereignty’ as tensions flare between the U.S. and China

Publishing timestamp: 2021-03-10 06:32:30


Summary

Europe is investing billions to boost its tech sovereignty and reduce dependency on U.S. and China. The continent aims to increase production of semiconductor chips, improve connectivity, and develop new technologies like quantum computing. The focus is on protecting strategic interests and promoting European alternatives in key technologies.


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Keywords: technologystart-uppoliticsinvestment strategypaypal holdings inccisco systems incqualcomm incmeta platforms incnvidia corpunited statesfoxconn interconnect technology ltdapple incchinasamsung electronics co ltdalphabet incbusiness news

Source: https://www.cnbc.com/2021/03/10/tech-sovereignty-key-issue-for-europe-amid-tensions-between-us-china.html


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