European Semiconductor Industry Association (ESIA)’s Post

Ministers meet tomorrow at the #COMPET Council of the European Union to discuss the future of 🇪🇺 #competitiveness and the #DraghiReport 🏆📑 With a Europe re-focusing on competitiveness, ESIA believes the recently published report of Mario Draghi on the future of European competitiveness is providing important guidance for the work ahead of the new College of Commissioners. Specifically, regarding the semiconductor sector and value chain, ESIA considers that the European Commission should come forward with a new strategy and a revised EU chips act. ESIA stands ready to support this work with our expertise and know-how. ESIA is convinced that funding and innovation rightfully represent key aspects of a future EU semiconductor strategy. The existing R&D toolbox should be further developed and sharpened. Additionally, calls from the report to address the skills gap in Europe, to develop international partnerships, to improve permitting and reduce bureaucracy and to strengthen the EU energy market, are fundamental building blocks of an effective EU semiconductor strategy. Check out ESIA’s position paper 👇 @HU24EU

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