AIOTI has published its view on the European Chips Act.
AIOTI welcomes the proposed EU Chips Act as it lays the foundation to spur advanced semiconductor R&D, rebalance manufacturing capacity, help to overcome short term semiconductor supply chain challenges and boost long-term security and resilience.
Europe’s semiconductor strategy must take the intensifying technological competition in other parts of the world into account while not losing sight of the global value chains to establish a level playing field. In this regard, AIOTI highlights important gaps that need to be closed to keep Europe competitive in this field:
- Resilience of supply chain as a prerequisite for Electronic and Communication Services (ECS) and any downstream industry, being aware that resilience through a fully European supply chain is impossible. In this context, AIOTI strongly agrees with the need for international cooperation with like-minded countries that is reflected throughout the proposed Act.
- Targeted incentives have a role to play in securing the necessary investments to increase European semiconductor manufacturing capacity, and R&D aimed at improving the security and resilience of the global supply chain. This is a strong signal for Europe to stay competitive at a global scale.
- Europe is missing any footprint in the memory market segment (DRAM, NAND, Flash) which is a key semiconductor component in any electronic system.
The full document and our recommendations could be found here.
AIOTI also co-signed the join industry statement, that can be found here.