All articles tagged with #strategic industries
The Netherlands has used a law from the Cold War era to seize control of Nexperia, a semiconductor company bought by Chinese entrepreneur Zhang Xuezheng, amid increasing European efforts to protect strategic industries from Chinese influence.
Ukraine plans to produce a million FPV (first-person-view) drones, along with over 11,000 medium- and long-range attack drones, next year. These FPV drones have been extensively used by Ukraine for reconnaissance and attacks during the Russian invasion. The production facilities are ready, and contracting for 2024 has begun. President Zelenskiy emphasized the importance of drones in protecting soldiers' lives and stated that logistics will be faster. This move is part of Ukraine's efforts to increase domestic weapons production and reduce reliance on foreign aid. In December alone, Ukraine aims to produce over 50,000 FPV drones.