This does more harm than good.
British and German authorities have already shown their determination to ban Chinese investment in the European semiconductor industry, but Reuters reports that industry officials are warning policymakers against introducing excessive bans in this area. After all, the American Intel and Taiwanese TSMC are planning to build plants in Germany, they have not yet received subsidies, and a ban on the use of foreign capital in this area could harm the development of the entire European semiconductor industry.
Image source: Huawei Technologies
The fact is that in January the European Commission began to consider a package of measures to limit the access of foreign capital to projects in the development of the European semiconductor industry, if such intentions are seen as a threat to national security. In the event of geopolitical crises, representatives of the European semiconductor industry believe that free trade rules best ensure the security of the region. The chip industry association SEMI has stressed that export controls should be the last resort when there are genuine threats to national security.