Silicon Saxony

#4: EU Chips Act: Good, but good enough?

The EU Chips Act has been adopted. The European Council was the last authority to approve it on July 25. But what exactly does the document, which aims to no less than double the European share of global semiconductor production, say?

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The European Chips Act is intended to make the European semiconductor industry competitive again along the entire value chain. To this end, it aims to address European strengths and weaknesses, create a strong ecosystem, mitigate shortages and improve the security of supply of much-needed semiconductors.

But what exactly does that mean? What goals does the EU Chips Act have apart from the pious wish to increase the European share of the global chip market to 20% by 2030? In an interview with Julia Hess and Frank Bösenberg, we address these questions, explain the basic objectives, hurdles, the current status of the planned settlement and investment decisions and the question of where the money for the Chips Act is actually coming from.

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In this episode, we talk to Julia Christina Hess and Frank Bösenberg about:

  • The aims and content of the EU Chips Act
  • Where is the money coming from?
  • Are we better prepared for future crises with the EU Chips Act?
  • What structural sizes do we need in Europe and why?
  • Can Europe ever become technologically independent?
  • From 10 to 20 percent of the global market – is that realistic?
  • How can the Chips Act be successful in the long term?

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