Vietnam has been allocated seed funding worth $2 million by the U.S. for semiconductor development initiatives.Nhac Nguyen/AFP via Getty Images

EU betting on India and Vietnam for chips – POLITICO

by · POLITICO

Anchal Vohra is a Brussels-based international affairs commentator.

Hoping to diversify supply chains and be less dependent on semiconductor chips from either China or Taiwan, Western countries are counting on others in the Indo-Pacific to turn themselves into major manufacturers.

Currently, the bulk of the world’s semiconductor chips are shipped through the Taiwan Strait. And amid fears that Beijing may invade the island or block the strait, the West is keen to have alternative suppliers and are pushing at an open door with India and Vietnam.