By Michel Rose and Douglas Busvine
PARIS / BERLIN (Reuters) – European industry chief Thierry Breton will hold talks on April 30 with the chief executive of chipmaker Intel and a top executive at Taiwanese competitor TMSC, as the EU seeks to protect against shocks in the global supply chain.
Breton will meet Intel CEO Pat Gelsinger in Brussels next Friday and will also hold a video conference with Maria Marced, president of TMSC Europe, on the same day, the EU commissioner said.
âIncreasing our autonomy does not mean isolating ourselves in a world where supply chains are global,â Breton told Reuters.
“Along with exploring how we can increase Europe’s capacity … we will continue to build bridges with international partners – but with us in the driver’s seat,” he added, confirming the meetings .
Sources in Brussels say Breton is keen to attract a top chipmaker to set up a major manufacturing plant in the EU, which would help fulfill the Commission’s ambition to access the most advanced production during the course. of the next decade.
Gelsinger, new to the role, announced plans to build a “ factory ” in Europe as part of a reset strategy in which Intel would launch a foundry – or contract manufacturing – division and invest billion in new capacities.
However, according to Brussels sources, Breton is more inclined to turn to TSMC, which is the undisputed leader in the industry and has a better command of the most advanced manufacturing processes.
Analysts warn that setting up a large factory in Europe could prove to be a strategic mistake because the continent – which does not produce smartphones and other consumer electronics that require advanced processors – does not have viable market.
(Writing by Michel Rose; additional reporting by Foo Yun Chee in Brussels; Editing by Toby Chopra, Kirsten Donovan)