EU: Fee President proposes widespread chip legislation thumbnail

Ursula von der Leyen has introduced a European chip legislation. (Picture: Alexandros Michailidis / Shutterstock)

Ursula von der Leyen has proposed a European chip legislation. Extra manufacturing capacities and a coordinated strategy ought to make the EU much less depending on the worldwide market.

In her State of the Union handle, EU Fee President Ursula von der Leyen introduced a European chip legislation. That is reported by the Reuters information company, amongst others. Accordingly, a brand new manufacturing ecosystem for semiconductors is to be created within the EU.

This could make the EU aggressive and impartial. The automotive, telecommunications and video games industries, for instance, are presently dealing with issues resulting from supply bottlenecks for semiconductors.

Coordinate manufacturing in Europe

“The aim is to collectively create a state-of-the-art European chip ecosystem, together with manufacturing,” mentioned von der Leyen, in accordance with Reuters. With this she desires to create safety of provide and “new markets for groundbreaking applied sciences”. The legislation is meant to coordinate investments by the EU and the member states, as reported by the Frankfurter Allgemeine Zeitung.

Inner Market Commissioner Thierry Breton had already introduced the aim in March till 2030 the chip manufacturing within the EU to double. He described von der Leyen's advance in a put up on LinkedIn as a “sturdy geopolitical and financial sign.”

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Bundling forces as an alternative of outbidding one another

In the meanwhile, every particular person Member State would develop its personal technique to turn out to be extra impartial. Breton added that the brand new legislation may guarantee a coherent European imaginative and prescient and technique.

It’s going to additionally stop the Member States from overbidding one another with subsidies. How precisely the legislative proposal of the EU Fee will appear like and the way it will develop within the discussions with parliament and members remains to be unclear.

Breton proposes three pillars: He requires a typical analysis technique, a typical plan for extra manufacturing capability and a framework for worldwide cooperation and partnerships.

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