Industry, European Parliament call for new Chips Act

Industry associations Esia and Semi and members of key parties in the European Parliament are calling for a follow-up of the EU Chips Act. Following a high-level roundtable meeting in Brussels, the attendees signed a joint declaration addressed to Henna Virkunnen, the European Commission’s Executive Vice President for Tech Sovereignty, Security and Democracy. “Our sector sees three priorities: we need a clear European semiconductor strategy that is backed by a revised European Chips Act with more quickly advancing administrative procedures. Secondly, we must identify the right approach to trade and foreign policy leading to more resilience, and thirdly, continue our focus on fostering innovation,” commented Esia Vice-President Frédérique Le Grevès.