Europe has some leading companies in the field of less advanced microchips, including Germany’s Infineon, the Dutch NXP and French-Italian STMicroelectronics. These firms cater to the needs of Europe’s powerful car industry. But the auditors wrote that demand in Europe “is currently growing more quickly than EU-based chipmakers can supply it.” In 2024, the EU…
China aims for closer cooperation with Finland on new energy sectors as well as finding a peaceful solution to the Ukraine crisis, President Xi Jinping told his Finnish counterpart Alexander Stubb in Beijing on Tuesday. According to China’s state-owned broadcaster CCTV, Xi vowed closer links with Finland on “green transformation”, information technology, the digital economy…
“The total value of business in China for Finnish companies is estimated to be more than 20 billion euros per year,” a 2023 report from the Finnish Ministry for Foreign Affairs said, which labeled China as “one of our most important trade partners.” “Chinese investments play the largest role in Finland compared to any other…