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EU Chips Act: The European solution to the semiconductor shortage

Today, technology is at the heart of globalisation, with semiconductors imperative to its success. However, on a global scale, supply chains are facing difficulties in providing these materials which are critical to the production of electronic devices, refrigerators, automobiles and, even, renewable energy.

Semiconductors, also known as chips or circuits, are mainly produced in Asia, and exports from these countries account for around 70% of total trade. For many years, The European Union and other major players have been increasingly dependent on semiconductor imports which are essential for achieving several strategic objectives, specifically with regards to the EU Green Deal.

In the run to achieve strategic independence and ambitious green targets, fluoropolymers play an important part. Perhaps no more so than their irreplaceable role in the semiconductor manufacturing process, the backbone of our electronic and energy systems.

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