Valencian Community joins new alliance to promote chip industry in Europe

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Industry, Trade and Consumption Regional Secretary, Philip Carrascosigned this Thursday in Brussels certificate of participation For the establishment of the European Association of Semiconductor Regions (ESRA). In this way the Valencian Community became its founder. knowledge sharing networkAccording to Generalitat’s reports, it also aims to bring together the common interests of the sector and to represent them effectively before the institutions of the European Union. In total, there are 27 European regions that are founding members of the alliance, four of which are Spanish.

They emphasize from the Valencian Administration that this is one. Strategic agreement for the Valencian Communitysince a is more than one half of skilled workers What currently exists in the sector in Spain is focused on autonomy.

Felipe Carrasco underlined the importance of adhering to this agreement within the framework of industry incentive policies for the semiconductor sector, determined by the Innovation, Industry, Economy and Tourism field, which directed Minister Nuria Montes, in the founding law. “.

The purpose of this agreementconnecting international and national companiesTo encourage the establishment of international semiconductor partnerships with like-minded countries as well as universities, government agencies, research institutions and public-private research consortia, according to the text of the agreement.

Carrasco at the Commission’s headquarters in Brussels. Information

Alliance promoted Free State of Saxony, The Minister of Regional Development is also the rapporteur. European Committee of the Regions About the EU Chip Law.

The main objective of the alliance is to “promote the growth and competitiveness of the semiconductor industry in regions and Europe, by sharing knowledge and best practices, fostering cooperation and innovation, supporting the development of strong, integrated and resilient value chains, and in particular to reduce foreign dependency for critical raw materials. reduction.

In this sense, the alliance is considered a “regional platform and one of the partners of the European Commission. European Chip Law“and” seeks to actively contribute to the strengthening of Europe as a semiconductor position in global competition.”

Chip Law

On 8 February 2022, the European Commission proposed a comprehensive package of measures to strengthen the EU semiconductor ecosystem: the European Chip Act (ECA). The purpose of the commission Increasing market share in Europe The share of global chip production will increase from 10% today to 20% in 2030.

To achieve this, the Commission aims to: Mobilizing up to 43,000 million public and private investments euro. This rule aims to encourage microchip production in the EU, thereby making the EU less dependent on other markets such as Asia or the USA. The European Chip Law still needs to be ratified by Member States before it comes into force.

According to the Information Technology and Innovation Foundation (ITIF), each segment of the global semiconductor value chain includes an average of 25 countries directly involved in the supply chain. Extraction and acquisition of raw materials is global and subject to many influences.

The Alliance believes that in order for the EU to maintain its position in the semiconductor market, partner countries must work more closely together and explore cooperation opportunities. One of the goals set by the agreement signed in Brussels this Thursday is the need for cooperation between scientists, researchers and engineers from clusters of relevant countries.

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