EU’s Von der Leyen to Hold Meeting with Chip and Tech Firms

The European Union executive’s arm will meet with companies from the technology and semiconductor sector this week amid concerns from business that the bloc’s competitiveness drive is falling short.

European Commission President Ursula von der Leyen is due to meet late on Wednesday with companies including ASML Holding NV, a leading supplier of lithography systems to the semiconductor industry, Siemens AG, Nokia and Ericsson, people familiar with the matter said. It comes as the bloc seeks to boost its competitiveness amid increasing pressure from US and Chinese rivals.