At the end of last year, the European Union officially launched the internal negotiation of the 43 billion euro “Chip Act“, hoping to solve the problem of semiconductor shortage in Europe through the 43 billion euro “Chip Act”, with the goal of increasing Europe’s share of the global semiconductor market from 10% to 20% to ensure the EU’s future technological sovereignty.
According to the latest news from Taiwan media, according to Reuters citing sources familiar with the matter, EU countries and legislators may reach a billion-euro European chip bill agreement on April 18 to boost the EU semiconductor industry. The European Commission announced the Chips Act last year to reduce the bloc’s reliance on the United States and Asia for semiconductors after global supply chain problems hurt European companies ranging from car manufacturing to manufacturing. The countries and lawmakers will meet on April 18 at the European Parliament’s monthly meeting in the northeastern French city of Strasbourg to discuss funding details for the chip bill, the people said.
The main discussions so far have focused on a shortfall of 400 million euros (about $438 million), but the European Commission has already set most of the funding. While the European Commission initially proposed aiding only cutting-edge chip factories, EU governments and lawmakers have expanded funding to cover the entire value chain, including older chips and research and design facilities, people familiar with the matter said.
EU ministers officially launched the internal negotiation of the 43 billion euro “Chip Act” in December last year, hoping to solve the problem of semiconductor shortage in Europe through the 43 billion euro “Chip Act”, with the goal of reducing Europe’s share of the global semiconductor market from 10% increased to 20%, ensuring the EU’s future technological sovereignty. A fundamental part of the proposal is the Chips for Europe Initiative, which will fund building advanced design capabilities, new test lines for cutting-edge chips, building engineering and technical capabilities, creating a network of competence centers (at least one in each member state), Access to financing for SMEs in the semiconductor supply chain.
The initiative will also receive €1.65 billion in funding from the EU’s research program Horizon Europe for research and innovation activities and €1.25 billion in funding from the Digital Europe Programme, For capacity building in the semiconductor industry.
Post time: Apr-06-2023