the European Chips Act enters into force. It puts in place a comprehensive set of measures to ensure the EU’s security of supply, resilience and technological leadership in semiconductor technologies and applications. Semiconductors are the essential building blocks of digital and digitised products. From smartphones and cars, through critical applications and infrastructures for healthcare, energy, defence, communications […]
New rules to boost EU chips industry
The Council gave its final approval to the Chips Act. The new regulation aims at doubling the EU’s global market share in semiconductors from 10% to at least 20% by 2030. Chips are essential for a wide range of technological and digital products, such as cars, household appliances and electronics. The EU Chips Act aims […]
MEPs adopt legislation to boost EU chips industry
Plans to secure the EU’s supply of chips by boosting production and innovation, and establishing emergency measures against shortages, were adopted by Parliament on Tuesday. The new law, already agreed upon between Parliament and Council, aims to create a favourable environment for chip investments in Europe, by fast tracking permitting procedures and recognising their critical […]
European Chips Act: the EU’s response to the semiconductor shortage
In a world facing a crisis due to lack of semiconductors, the European Chips Act aims to secure the EU’s supply by boosting domestic production. Since late 2020, there has been an unprecedented shortage of semiconductors around the globe. The semiconductor supply chain is very complex and vulnerable to events such as the Covid-19 outbreak. […]
MEPs adopt legislation to boost EU chips industry
On Tuesday, MEPs backed plans to secure the EU supply of chips by boosting production and innovation, and setting up emergency measures against shortages. The Industry and Energy Committee adopted two draft bills: one on the “Chips Act” that aims to bolster technological capacity and innovation in the EU Chips ecosystem and a second one […]