Flexible Electronics News

SEMI Applauds Provisional Agreement for EU Chips Act

SEMI Europe expects the EU Chips Act to help Europe increase its global semiconductor manufacturing share to 20% in the next decade.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

SEMI applauded the provisional agreement reached on April 18, 2023 in the European Chips Act Trilogue Negotiations to invest €43 billion to bolster Europe’s microelectronics industry. The European Parliament, Commission and Council forged the agreement in Strasbourg, France. In the year since the landmark legislation was drafted, the European Chips Act has become a strategic centerpiece of Europe’s industrial ambition. The legislation aims to facilitate the continent’s digital and green trans...

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