EU captures more than 90,000 million euros with chip law

Ursula von der Leyen, president of the European Union (EU) Commission, said they attracted more than 90 billion euros in investment in the chip industry thanks to the chip production support law they prepared last year. .

Von der Leyen spoke to the press during his visit to IMEC, an international R&D organization operating in the fields of nanoelectronics and digital technologies, in Leuven, Belgium.

Pointing out that IMEC is a leading institution in digital innovation worldwide, von der Leyen recalled that the EU has invested more than 300 million euros in IMEC in the last 10 years in the framework of research programs.

EUROPA WANTS TO BE A LEADER IN THE CHIP INDUSTRY

Stating that they want to make Europe a leader in global semiconductor research, design, testing and production with the chip law, Von der Leyen said: “The chip law will be officially enacted this fall, but the Chip investments are already gaining incredible momentum. “Since we proposed the chip law in February last year, more than €90 billion of industrial investment in the field of chips has been announced across Europe.”

Noting that a €12 billion investment was announced for semiconductor packaging and testing facilities in Poland, and a €30 billion investment for two large factories, the first of their kind in Germany, von der Leyen He explained that the new chip was also invested in Ireland, Spain and France.

Von der Leyen said that the chip law offers tangible funding opportunities for capacity building across the entire value chain.

Recalling that chips are very important in terms of ecological and digital transformation and the economy, von der Leyen said: “We need to reduce our dependence on the few suppliers in East Asia and reduce risks in supply chains.” he made the comment of him.

Von der Leyen also noted that they should further encourage chip design, testing and production in Europe. (AA)