Tech sovereignty key issue for Europe amid tensions between US, China

BRUSSELS, BELGIUM – DECEMBER 16: European Commissioner Thierry Breton.

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LONDON — The European Union is investing billions of euros into what it believes are fundamental and core technologies as part of an effort to boost its tech sovereignty and reduce its dependency on the U.S. and China.

The Fraunhofer Institute, a state-backed German research agency, defines tech sovereignty as the ability of a state “to provide the technologies it deems critical for its welfare, competitiveness and ability to act, and to be able to develop these or source them from other economic

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