Strengthening Europe's Semiconductor Ecosystem

by name voted on 15.02.2023

Summary

The proposal establishes the Chips Joint Undertaking to boost Europe's semiconductor industry and reduce reliance on foreign suppliers.

9 15.02.2023

Other

economy

science

industry

public finance and budget policy

research and intellectual property

information technology and data processing

Key points

The initiative aims to strengthen Europe's semiconductor ecosystem to ensure economic security and digital sovereignty.
The Union's financial contribution to the Chips Joint Undertaking is set at a minimum of 4.175 billion euros.
Calls for proposals must be launched no later than the end of 2027, with a possible extension to 2028.
A minimum of 20% of public funding for research and innovation must be directed toward small and medium-sized enterprises.

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Documents (PDFs)

REPORT on the proposal for a Council regulation amending Regulation (EU) 2021/2085 establishing the Joint Undertakings under Horizon Europe, as regards the Chips Joint Undertaking Joint Undertakings under Horizon Europe: Chips Joint Undertaking

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