The European Union takes the field to strengthen the semiconductor production network, almost a year after the start of a crisis that has further slowed down the automotive industry already weakened by the global pandemic and the difficulties of the transition to electric mobility. To this end, the European Commission will aim to relax the rules on state aid, thus allowing individual countries to intervene to try to support chip manufacturing companies. The goal is to create a semiconductor supply chain in the Old Continent, thus also reducing dependence on foreign countries which is one of the main causes of the crisis that the automotive sector is facing.
The commission’s target is to double the semiconductor market share, reaching 20% globally by 2030. A goal that can be achieved through a series of public subsidies that will make it possible to achieve the so-called “strategic autonomy”. In this context, Italy is facing a two-sided situation: on the one hand it awaits the unlocking of the situation to respond to some companies already interested in settling on the territory with their hubs, on the other hand it fears that the opening to aid and above all subsidies can exacerbate the differences between states with this system, favoring those with higher spending margins and not tied to public accounts and the budget.
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