BRUSSELS – Today, global tech trade association ITI and 15 industry groups representing the semiconductor ecosystem called for swift passage of the European Chips Act proposal and outlined key priorities to increase semiconductor production in Europe and strengthen supply chain resiliency.
"Vital public policy goals like decarbonization and societal inclusion through connectivity depend on a stable supply of both small and large node chips, as the European market demands," the groups wrote. "We call for a swift adoption of the EU Chips Act as it can significantly accelerate progress on these policy goals. It is a step forward to attract crucial investments to build up extra chip manufacturing capacity and R&D in Europe."
Signed by ITI, AAVI, AFUNU, Bitkom, DI Digital, DIGITALEUROPE, Infobalt, KIGEI, TIF, ZVEI, AIOTI, ESIA, Orgalim, FIEEC, LINPRA and Semi Europe, the statement draws out four key recommendations for the Council and Parliament:
- Focus on the investment conditions to make Europe more competitive;
- Shape a proportionate and clearer monitoring and crisis response framework;
- Involve industry in the EU Chips Act’s governance; and
- Coordinate actions with like-minded global partners.
Read the joint letter here.