|Author (Corporate)||European Commission: DG Communications Networks Content and Technology|
|Series Details||COM (2022) 45|
Communication published by the European Commission on 8 February 2022, providing the context for the importance on strengthening the semiconductor ecosystem in the European Union (EU).
Semiconductor chips are the essential building blocks of digital and digitised products. Due to the COVID-19 (coronavirus) pandemic, Europe and other regions of the world have experienced significant supply challenges, and shortages of chips. Despite certain strengths, Europe has an overall global semiconductors market share of only 10% and largely relies on third-country suppliers. Faced with growing geopolitical tensions, fast growth in demand, and the possibility of further disruptions in the supply chain, it has been deemed necessary that Europe uses its strengths and puts in place effective mechanisms to establish greater leadership positions and ensure security of supply within the global industrial chain.
In September 2021, an EU Chips Act was announced during the annual SOTEU address. This Communication therefore provides the context and proposes a set of measures for strengthening Europe’s semiconductor ecosystem for the Digital Decade. To this end, it is accompanied by:
|Subject Categories||Business and Industry, Internal Markets|
|Subject Tags||Digital Technology, Industrial Policy|
|International Organisations||European Union [EU]|