SEMI and the European Semiconductor Industry Association recently held a major roundtable at the European Parliament. They wanted to find ways to make chip policies better for European industries. Three important Parliament members helped run this meeting - Bart Groothuis, Oliver Schenk, and Dan Nica, who come from different political groups. After talking, these officials signed a letter to Executive Vice President Henna Virkkunen asking for big improvements beyond the current Chips Act passed in 2023.
The letter asks for more money for research, additional investment opportunities, and plans to help Europe compete better with other regions. Laith Altimime, who leads SEMI Europe, explained that creating a fresh European strategy for semiconductors became the main topic during their discussions. Everyone agreed Europe must boost its tech abilities and speed up new ideas across its chip ecosystem.
Both SEMI and ESIA appreciate what European officials have done already but think more help is needed. They believe Europe needs a complete approach that supports every part of making chips - from design to manufacturing, research, materials, and equipment. Frédérique Le Grevès from ESIA pointed out three main priorities. First, Europe needs a clear semiconductor plan backed by an updated Chips Act that works faster. Second, Europe must figure out the right trade approach for more stability. Third, Europe should keep pushing innovation forward.
These industry groups plan to continue working with government officials and other interested parties. Their goal remains to create policies that strengthen the entire European chip supply chain and ensure Europe stays competitive with its technology. The 2023 Chips Act was just the beginning of what these groups see as necessary steps for Europe to succeed in this critical industry.
The letter asks for more money for research, additional investment opportunities, and plans to help Europe compete better with other regions. Laith Altimime, who leads SEMI Europe, explained that creating a fresh European strategy for semiconductors became the main topic during their discussions. Everyone agreed Europe must boost its tech abilities and speed up new ideas across its chip ecosystem.
Both SEMI and ESIA appreciate what European officials have done already but think more help is needed. They believe Europe needs a complete approach that supports every part of making chips - from design to manufacturing, research, materials, and equipment. Frédérique Le Grevès from ESIA pointed out three main priorities. First, Europe needs a clear semiconductor plan backed by an updated Chips Act that works faster. Second, Europe must figure out the right trade approach for more stability. Third, Europe should keep pushing innovation forward.
These industry groups plan to continue working with government officials and other interested parties. Their goal remains to create policies that strengthen the entire European chip supply chain and ensure Europe stays competitive with its technology. The 2023 Chips Act was just the beginning of what these groups see as necessary steps for Europe to succeed in this critical industry.
