Xinhua News Agency, Brussels, February 8 (Reporter Ren Ke) The European Commission announced the long-planned "Chip Act" on the 8th, hoping to increase the EU's chip production capacity in the global market by increasing investment and strengthening research and development. Over-reliance.
The EU's Chip Act includes a package of measures designed to help the EU implement a green and digital transformation while ensuring leadership in chip manufacturing.
According to the bill, the EU intends to use more than 43 billion euros of public and private funds to enable the EU to produce 20% of the world's chips by 2030, which currently accounts for less than 10% of the global share.
The bill needs to be ratified by EU member states and the European Parliament before it can come into force.
European Commission President Von der Leyen said in a speech that day that the emphasis on the chip industry will ensure that the EU will not miss this new industrial revolution.
In the short term, this move can help predict and avoid disruptions in the chip supply chain and increase resilience to future crises; in the long run, the Chip Act should enable knowledge transfer “from lab to fab”, And positioned the EU as a "technology leader in innovative downstream markets".
The Chip Act includes an "EU Chip Initiative" that will bring together relevant resources from the EU, its member states and third countries, and establish a chip fund to ensure security of supply.
The provisions of the bill also include monitoring the EU-made chip export mechanism, which can control chip exports in times of crisis; it emphasizes strengthening the EU's research and development capabilities in the chip field, allowing the state to support the construction of chip production facilities and support small start-ups.
The global chip shortage that started last year has seriously affected various industries in the EU, especially the automobile manufacturing industry. Delays in the delivery of new vehicles are common, highlighting the EU's dependence on overseas chip suppliers.
It is reported that some large companies are increasing their chip production layout in the EU.