Ursula von der Leyen has proposed a European chip law. More production capacities and a coordinated approach should make the EU less dependent on the international market.
In her State of the Union address, EU Commission President Ursula von der Leyen announced a European chip law. This is reported by, among others Reuters news agency. Accordingly, a new production ecosystem for semiconductors is to be created in the EU.
That should make the EU competitive and independent. The automotive, telecommunications and games industries, for example, are currently facing problems due to delivery bottlenecks in semiconductors.
“The goal is to jointly create a state-of-the-art European chip ecosystem, including production,” said von der Leyen, according to Reuters. With this she wants to create security of supply and “new markets for groundbreaking technologies”. The law aims to coordinate investments by the EU and the Member States, such as the Frankfurter Allgemeine Zeitung reported.
Internal Market Commissioner Thierry Breton had already announced the goal in March of doubling chip production in the EU by 2030. It marked von der Leyen’s advance in one Post on Linkedin as a “strong geopolitical and economic signal.”
Each individual member state would currently develop its own strategy to become more independent. Breton added that the new law could ensure a coherent European vision and strategy.
Furthermore, it will prevent the member states from overbidding each other with subsidies. It is still unclear what the EU Commission’s proposed law will look like and how it will develop in the discussions with parliament and members.
Breton proposes three pillars: He calls for a common research strategy, a common plan for more production capacity and a framework for international cooperation and partnerships.