The States of the European Union (EU) will hold a meeting this Thursday. agreement on the new European Chip Lawthey intend doubled semiconductor production to 20% percent of the world market in 2023
“Chips is one of the most important advanced technologies today, but The EU currently does not have enough capacity to design and manufacture its own mature and advanced chips. Czech Industry Minister Josef Sikela said the EU must reduce its over-reliance on global semiconductor leaders in Asia and the US.
The agreement reached by the Community Industry Ministers will form the basis for negotiating the final text of an agreement with the European Parliament. law that encourages both the research and construction of factories capable of producing chips, both the most advanced and less developed but others with experience, such as those used in the automotive industry.
Law is born three pillars: a joint company, so-called Chips Initiative for Europe, which will focus on developing technological capabilities and research in semiconductors, a framework for attracting investment and increasing security of supply and a mechanism to respond to crises this will make it possible to use joint purchases or priority orders to guarantee essential supplies.
Member States argue, like the European Commission’s proposal, that the joint venture’s budget should be €3,300 million from the Horizon Europe program for research (1,650 million) and the Digital Europe program whose donation will serve to finance it. development of industrial capacity.
The capitals, however, have rejected Horizon Europe’s proposal to contribute another 400m euros for this final goal, as it is designed for research, so they will need to find a way to close this funding gap in their negotiations with the European Parliament. the global budget, as they stated in a statement accompanying the agreement.
The ultimate goal is the law mobilizes a total of 43,000 million euros between public and private investments.
For Spain, which initiated the case, it was important to point out this difference between funding for different targets so that resources were not excluded from the research, as Industry Minister Reyes Maroto explained.
“Industrial autonomy and the incentive through this law can support a business environment that facilitates more companies coming to Spain, Europe to provide us with the industrial capacities needed for our industry today.” Highlighting the meeting, The importance of reinforcing autonomy, especially in this “context” war”.
The ministerial agreement amends the European Commission’s proposal to clarify the rules of the future European Chip Infrastructure Consortium, emphasizing that it is open to different operators and forms of cooperation. “one-of-a-kind” semiconductor factories; and adapting the scope of emergency measures.
This last point worries some States, so the text clarifies the sectors that will take precedence for receipt of chips in this scenario and the penalties for violating them, while allowing their greater involvement in deciding on measures.
“Crisis instruments should be applied as carefully as possible,” German Industry Minister Sven Giegold warned, warning that these emergency measures should not be “disproportionate” because they could undermine the EU’s attractiveness for investors.