EU to unveil plan to wean itself off US, Asia tech
The EU is set to announce a plan aimed at reducing its reliance on American and Asian technology. This initiative, described as a move towards 'technological sovereignty', will include new regulations on chips, cloud computing, and artificial intelligence. The EU emphasizes that the goal is to strengthen its own industry rather than exclude foreign providers.
- ▪The EU will unveil its plan on June 3 to decrease dependence on foreign technology.
- ▪The initiative includes new rules to boost domestic manufacturing and digital ecosystems.
- ▪The EU currently relies on foreign providers for over 80% of its digital products and services.
Opening excerpt (first ~120 words) tap to expand
EU to unveil plan to wean itself off US, Asia techSign up now: Get ST's newsletters delivered to your inboxThe EU, however, insists the push is aimed not at shutting out foreign providers, but at strengthening European industry and keeping itself in the AI race.PHOTO: EPAPublished Jun 03, 2026, 10:20 AMUpdated Jun 03, 2026, 10:20 AMBRUSSELS – The EU will set out on June 3 how the 27-country bloc hopes to slash its dependence on American and Asian technology, and favour European digital alternatives.The plans risk further angering the United States, which has pushed back hard at the European Union’s fines and rules in recent years against American tech companies.The bloc has in the past year ramped up its efforts to boost domestic manufacturing across different sectors, and catch up with…
Excerpt limited to ~120 words for fair-use compliance. The full article is at Straits Times — World.