EU pledges 5 billion euros funding for electronics research

BRUSSELS (Reuters) - The European Union is pledging 5 billion euros ($6.5 billion) to boost research on semiconductors and other electronics items used in everything from smartphones to cars, in a bid to boost the sector which is lagging U.S. and Asian rivals. Europe's micro- and nano-electronics industry has grown 5 percent annually since 2000, even in the financial downturn. But the sector's level of investment and returns lag those of other regions. ...



via Tech News Headlines - Yahoo! News http://news.yahoo.com/eu-pledges-5-billion-euros-funding-electronics-research-164024099.html