Sixteen months after the European Union signed its €43 billion chip law in the hope it would boost semiconductor manufacturing in the bloc, semiconductor trade group the European Semiconductor Industry Association (ESIA) has asked for more public money – and more say over policy. decisions affecting local chip makers.
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In a policy document [PDF] outlining the association's recommendations for industry development between 2024 and 2029, ESIA also called on EU members to elect a "Chips envoy" to guide semiconductor policy decisions.
Chief among the organization's concerns is government support. The group is already lobbying for a "Chips Act 2.0" to ensure sufficient funding to meet the EU's goal of doubling its market share in semiconductor development, manufacturing and materials supply chains from 10 to 20 percent by the end of the decade.
Some of the €43bn (£36bn, $48bn) made available under the EU's first chip law has helped attract several big, exciting projects to the region – including the €10bn joint partnership between TSMC, NXP, Infineon and Bosch to manufacture wafers based on mature process nodes in Dresden, Germany. Intel's fantastic €30 billion project in Magdeburg is another recipient.
