EU's Breton to meet Intel CEO, TMSC's executive to discuss chips

The chief executive of chipmaker Intel will meet European industry chief Thierry Breton on April 30, the European Commission said, as the EU executive seeks to reduce reliance on imported semiconductors. Intel said last month that it will build a major new semiconductor factory - called a "fab" by industry officials - in Europe, with plans to announce a site within the next year.

The chief executive of chipmaker Intel will meet European industry chief Thierry Breton on April 30, the European Commission said, as the EU executive seeks to reduce reliance on imported semiconductors. Breton will also hold a video conference with Maria Marced, President of Taiwan's TMSC, on the same day.

A source with knowledge of the meeting said Breton would discuss the possible creation of a new foundry in Europe and other possible partnerships. Intel said last month that it will build a major new semiconductor factory - called a "fab" by industry officials - in Europe, with plans to announce a site within the next year.