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ARTICLE · 21 MARCH 2022

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EU Presents Plan To Strengthen Europe's Semiconductor Industry

As the digital transformation continues in the EU, resilience in the supply and production of chips is not only a matter of industrial competitiveness but also a geostrategic priority.

European UnionStrategy

As the digital transformation continues in the EU, resilience in the supply and production of chips is not only a matter of industrial competitiveness but also a geostrategic priority. Semiconductors are at the very heart of the digital and data economy, as they are essential for computers and smartphones but also for cars, Internet of Things (IoT), AI and security and defence, to name a few.

Within this context, on 9 February 2022 the Commission presented the European Chips Act package, consisting of:

  • A Commission Communication
  • Proposal for a Regulation establishing a framework of measures for strengthening Europe's semiconductor ecosystem (Chips Act)
  • Proposal for a Council Regulation amending Regulation (EU) 2021/2085 establishing the Joint Undertakings under Horizon Europe, to establish a Chips Joint Undertaking

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