Europe launches nearly 50 billion chip plan
Europe wakes up on chips, a strategic sector that is increasingly fundamental for trade, production and geopolitical balances. A nearly € 50 billion plan to push semiconductor manufacturing in Europe from 10% to 20% by 2030, with a tightening on exports and more flexible rules on state aid for companies. These are the main points of the bill on microchips (Chips Act) that the EU Commission will present on Tuesday. Brussels intends pursue strategic autonomy in the sector by limiting dependence on third countries with the creation of maxi-centers in the EU. The new rules will also allow for the imposition of export controls in the wake of what has been done for vaccines.
“This is an extremely important issue for Europe, for our industry. Because it defines our strategic position in the global supply chains. Microchips are the oil of the new industrial revolution. Without it, it would not be possible to make the digital transition, nor the ecological one, nor could we aspire to technological leadership “, Commissioner Breton told La Stampa.
As Ansa reports, 12 billion euros of public funds are foreseen in the maxi-plan (six from the common budget and six from national governments) for the research and development of safe and energy-efficient semiconductors. To these are added over 30 billion euros of public investments already foreseen by governments, supported by the Recovery Fund, the Horizon Europe program and state budgets. A 5 billion euro fund dedicated to start-ups is also being studied.
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