After an introductory online information session on 29 March 2022, the European Commission organised a more in-depth, interactive and in-person event on the European Chips Act to continue to important public dialogue on the package.
The information session took place on 16 June 2022, at Avenue de Beaulieu 25, 1160 Brussels from 10:00 to 13:00. This provided stakeholders with information on the latest state of play and give them the opportunity to ask questions on any issues. The agenda is given below.
10:00 Welcome (Thomas Skordas)
10:10 Chips Act – state of play (Kilian Gross)
10:20 Pillar 2 – Security of Supply (Kilian Gross, Andreas Bergmann, Marco Ceccarelli)
11:00 Pillar 3 – Monitoring and Crisis Response (Laura Jugel, Evangelos Meles)
11:40 Coffee break
12:00 Pillar 1 – Chips for Europe Initiative (Francisco Ibañez, Arian Zwegers)
12:40 General Q&A
12:50 Conclusions (Colette Maloney)
About the Chips Act
In the fast-growing market of semiconductors, the EU has the ambitious goal to double its market share to 20% by 2030. Adopted on 8 February, the Chips Act package is a comprehensive set of measures aimed at ensuring the EU's security of supply, resilience and technological leadership in semiconductor technologies and applications.
The European Chips Act will ensure that the EU has the necessary technological capabilities, tools and skills to strengthen its semiconductor ecosystem, reduce dependencies and accelerate the digital and green transitions. Its main components are:
- The Chips for Europe Initiative will pool resources from the Union, Member States and third countries associated with the existing Union programmes, as well as the private sector, through the enhanced Chips Joint Undertaking resulting from the strategic reorientation of the existing Key Digital Technologies Joint Undertaking. €11 billion will be made available to strengthen existing research, development and innovation, to ensure the deployment of advanced semiconductor tools, pilot lines for the prototyping, testing and experimentation of new devices for innovative real-life applications and to foster skills and talent in the microelectronics. In addition, a Chips Fund will facilitate access to finance for start-ups to help them mature their innovations and attract investors.
- A new framework to ensure security of supply by attracting investments in new advanced production facilities and thus accelerating innovation in advanced nodes and innovative and energy efficient chips.
- A coordination mechanism between the Member States and the Commission for monitoring the supply of semiconductors, estimating demand and anticipating and mitigating shortages.