A few months ago it was launched A coalition, led by Netherlands, which requested a review of the EU 2022 chips law To create a new updated version, and more focused on the difficulties and deficiencies that the region has when the manufacture and design of microprocessors than the current one. Since then until now, countries have progressively adhered to said coalition, now, according to Reuters, All the nations of the European Union are already part of it.
The group wants to give an impulse to the investment in the manufacture of semiconductors in the EU, with the aim of getting more economic muscle for it. But unlike what. It happens with the current version of the law, focused on increasing the world market of chips production, which would seek the law of Chips 2.0 would be to address concrete weaknesses in semiconductor manufacturing strategies in the EU.
The EU Chips Law allocated at 2022 43,000 million euros to the manufacture of semiconductors, to the chip design and the improvement of the monitoring of the supplies chain, which could lead to state intervention in key areas of the sector. He also pursued other investors to bet on the design and manufacture of chips in the EU, but has fallen short in their goals. Especially for the withdrawal of Intel’s plans to build a new factory in Germany.
The idea that was pursued with the implementation of this law was to serve as a countermeasted investment in the United States in promoting chips manufacturing with its Chips Law and its inflation reduction law, which resulted in a versions of tens of tens of billions in the manufacture of chips in the United States. In addition, the EU chips law hoped to get something of the market share in the possession of the TSMC Taiwanese, and a 20% objective of the supply chain control was set by 2030.
Despite these efforts, the EU has had to reduce its initial objectives, and count for example by 2030 with 11.7% of the world supply, which would only be an increase below 2% since 2022. With this present, this new group wants to have more financing and increase investment for existing semiconductors until it multiplied by four. They also want to have changes focused on more directed support for the European industry.
The group, initiated in March and composed in principle by eight members in addition to the Netherlands, has added with the passing of the weeks, in addition to the other EU countries, the support of different industry groups. Among them SEMI, which represents some 3,000 companies. Also that of 50 manufacturers dedicated to semiconductors, among which there are design and manufacturing companies of the United States. Among other supports, it has those of Nvidia, ASML, Intel, Stmicroelectronics and Infineon.
With the review they propose from each to a new Chips Law, group members also want to promote the stream of approvals for infrastructure investments. Also the improvement of access to skills and financial capacity to improve the semiconductor supply chain in the EU.
Besides, They want the EU to ensure better access designs and critical manufacturing technologiesand even that the EU establishes an independent budget exclusively for the manufacture and investment in semiconductors.
