Latest progress! EU May Reach Agreement on Chip Bill
Introduction: The EU officially launched the 43 billion euro "chip bill" internal consultation at the end of last year, hoping that through the 43 billion euro "chip bill" to solve the problem of the shortage of semiconductors in Europe, the goal is to increase the proportion of Europe in the global semiconductor market from 10% to 20% by 2030, to ensure the future technological sovereignty of the EU.
The latest news from Taiwan media, according to Reuters, citing sources familiar with the matter, reported that EU countries and legislators may reach a multi-billion euro agreement on the European chip bill on April 18 to mention the EU semiconductor industry.
The EU Executive Committee announced last year the "Chip Act" (Chips Act) to reduce the EU's dependence on the United States and Asia semiconductor, after global supply chain problems hurt European companies from the car dealer road manufacturing.
People familiar with the matter said that these countries and parliamentarians will meet on April 18 at the monthly meeting of the European Parliament in Strasbourg, a large city in the northeast of France, and discuss the details of the funding of the "Chips Act".
It is understood that the main discussion so far has focused on the 400 million euro (about $438 million) shortfall, but the EU executive committee has set most of the funding.
While the EU executive committee initially proposed to assist only cutting-edge chip factories, EU governments and lawmakers have expanded the funding to cover the entire value chain, including older chips and research and design facilities, people familiar with the matter said.
EU ministers officially launched the €43 billion Chip Act internal consultation last December, hoping to solve the problem of Europe's semiconductor shortage through the €43 billion Chip Act, which aims to increase Europe's share of the global semiconductor market from 10% to 20% by 2030, ensuring the EU's future technological sovereignty.
A fundamental part of the proposal is the Chips for Europe Initiative, which will fund the construction of advanced design capabilities, new test lines for cutting-edge chips, build engineering and technology capabilities, create a network of competence centers (at least one in each member state), and give SMEs in the semiconductor supply chain access to financing.
The initiative will also receive €1.65 billion from Horizon Europe, the EU's research program, for research and innovation activities, and €1.25 billion from the Digital Europe Programme. Programme for capacity-building in the semiconductor industry.
