{"id":1910089,"date":"2023-04-05T07:56:16","date_gmt":"2023-04-05T11:56:16","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/exclusive-eu-likely-to-clinch-deal-on-chips-act-on-april-18-sources\/"},"modified":"2023-04-05T07:56:59","modified_gmt":"2023-04-05T11:56:59","slug":"exclusive-eu-likely-to-clinch-deal-on-chips-act-on-april-18-sources","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/exclusive-eu-likely-to-clinch-deal-on-chips-act-on-april-18-sources\/","title":{"rendered":"Exclusive-EU likely to clinch deal on Chips Act on April 18 \u2013 sources"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"float:left\"><div class=\"counts mashsbcount\">26<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fexclusive-eu-likely-to-clinch-deal-on-chips-act-on-april-18-sources%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1910089&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><p>\n<!DOCTYPE html PUBLIC \"-\/\/W3C\/\/DTD HTML 4.0 Transitional\/\/EN\" \"http:\/\/www.w3.org\/TR\/REC-html40\/loose.dtd\"><br \/>\n<?xml encoding=\"utf-8\" ?><br \/>\n<html><body><\/p>\n<div class=\"entry-content\">\n<p>By Foo Yun Chee<\/p>\n<p>On April 18, sources with direct knowledge of the matter said on Wednesday that EU countries and lawmakers are expected to finalize a deal on a multibillion-dollar plan for boosting the bloc&#8217;s semiconductor industry.<\/p>\n<div id=\"div-gpt-ad-1663871513696-art-1\" style=\"min-width: 320px; min-height: 50px; text-align: center;\">\n<script>googletag.cmd.push(function() { googletag.display('div-gpt-ad-1663871513696-art-1'); });<\/script>\n<\/div>\n<p>The Chips Act was announced by the European Commission last year in a bid to reduce the EU&#8217;s dependence on semiconductors from the US and Asia, following supply chain issues that impacted European businesses from car manufacturers to manufacturers in general. <\/p>\n<p>The negotiation on funding details for the act will take place on April 18 in Strasbourg at the European Parliament&#8217;s monthly session, the sources said.<\/p>\n<p>The people involved in discussions have so far focused on a \u20ac400 million ($438 million) shortfall, but the EU executive has been successful in securing the majority of the required funds.<\/p>\n<p>According to sources, the scope of the project has been expanded beyond the Commission&#8217;s initial proposal, which focused solely on funding cutting-edge chip plants. EU governments and lawmakers have proposed incorporating the whole value chain, including older chips, research, and design facilities.<\/p>\n<p>($1 = 0.9132 euros)<\/p>\n<p>Reporting by Foo Yun Chee; Editing by Jan Harvey<\/p>\n<p><a href=\"https:\/\/www.oann.com\/uncategorized\/exclusive-eu-likely-to-clinch\/attachment\/file-photo-european-union-flags-flutter-outside-the-european-commission\/\"><\/a>\n<\/p>\n<\/div>\n<div class=\"entry-content\">\n<p>The Federal Government will likely reach the $31.4 billion debt ceiling in May or June.<\/p>\n<\/div>\n<div class=\"entry-content\">\n<p>Former President Trump has pleaded not guilty to all 34 felony counts against him.<\/p>\n<\/div>\n<div class=\"entry-content\">\n<p>A regional Australian mayor has threatened to sue OpenAI if it does not correct ChatGPT&#8217;s false claims.<\/p>\n<\/div>\n<div class=\"entry-content\">\n<p>Uber Technologies Inc has announced a deal with Brazilian bike-sharing company Tembici to introduce electric and non-electric bikes in Brazil.<\/p>\n<\/div>\n<div class=\"entry-content\">\n<p>Foxconn, the world&#8217;s largest contract electronics manufacturer and major iPhone assembler for Apple Inc, has announced a new partnership with Taiwan to develop electric vehicles.<\/p>\n<\/div>\n<div class=\"entry-content\">\n<p>Italy&#8217;s antitrust authority is investigating Meta Platform over possible abuse of its position in the marketplace.<\/p>\n<\/div>\n<p><\/body><\/html><\/p>\n","protected":false},"excerpt":{"rendered":"<p>By Foo Yun Chee BRUSSELS (Reuters) -EU countries and lawmakers are likely to clinch a deal on a multi-billion euro plan to boost the bloc\u2019s semiconductor industry on April 18, sources with direct knowledge of the matter said on Wednesday. The European Commission announced the Chips Act last year in a bid to cut EU<\/p>\n","protected":false},"author":66,"featured_media":1910090,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","fifu_image_alt":"","footnotes":""},"categories":[542],"tags":[14460,13785,13017,3715,23589,3618,6409],"class_list":["post-1910089","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-oann","tag-april","tag-chips","tag-clinch","tag-deal","tag-exclusive-eu","tag-riot","tag-sources"],"fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1910089","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/66"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1910089"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1910089\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/1910090"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1910089"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1910089"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1910089"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}