EU wants to break up with US tech
The European Union is taking steps to reduce its reliance on American technology companies and Chinese semiconductor suppliers. A new technological sovereignty package will be unveiled on June 3, aiming to enhance local manufacturing and digital infrastructure. This initiative is seen as a response to concerns over potential vulnerabilities in critical digital services due to foreign influence.
- ▪The EU's technological sovereignty package aims to boost local manufacturing and reduce dependence on foreign firms.
- ▪US cloud providers currently dominate the European market, accounting for about 70 percent.
- ▪The package will include measures like the 'Cloud and AI Development Act' and a 'Chips Act' to enhance supply security.
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EU wants to break up with US techSign up now: Get ST's newsletters delivered to your inboxThe EU’s technological sovereignty package is among many measures taken by Brussels to slash dependence on foreign firms and boost local manufacturing.PHOTO: REUTERSPublished May 30, 2026, 03:27 PMUpdated May 30, 2026, 03:27 PMBRUSSELS – Wary of being vulnerable to the whims of foreign governments, the European Union is preparing far-reaching new moves to ditch American digital companies and Chinese chips in favour of European alternatives.The EU’s technological sovereignty package is among many measures taken by Brussels to slash dependence on foreign firms and boost local manufacturing – but risks opening up a new front in transatlantic tensions.The hotly awaited package of new rules on chips,…
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