Electronics Weekly
The SEMI Europe Recommendations for the 2024-2029 Legislative Term paper urges the new Commissioners to build on the momentum of the Chips Act and advance towards a Chips Act 2.
SEMI recommends:
- Strengthening the semiconductor ecosystem by optimizing funding across the EU, member states, and private sectors to achieve the EU’s goal of a 20% global market share by 2030, advancing toward a comprehensive “European Chips Act 2.0”
- Enhancing economic security by aligning protective measures with proactive initiatives to improve global competitiveness, streamlining export controls, reinforcing intellectual property protection, and reducing administrative burden
- Integrating semiconductors in the EU’s Green Deal by developing a policy framework that balances innovation and sustainability
- Ensuring responsible and sustainable use of essential chemicals, while supporting research for alternatives and maintaining the competitiveness of the European semiconductor supply chain
- Addressing the increasing talent gap by fostering collaboration between industry and education, and reforming immigration legislation to attract skilled talent globally
- Aligning funding with industry needs through the next Multi-Annual Financial Framework while fast-tracking the Chips for Europe Initiative and Important Projects of Common European Interest (IPCEI)
The SEMI Europe recommendations seek to promote collaboration across sectors, advance sustainable innovation, and cultivate a skilled workforce, to ensure Europe’s competitive standing.
“SEMI Europe is committed to engaging with stakeholders to advocate for a comprehensive ‘Chips Act 2.0’ initiative that will address gaps in the current framework,” says SEMI Europe President Laith Altimime.
For more: SEMI Global Advocacy
