So far, it has been approved in one of three instances.
By the end of the summer, the American authorities approved a bill, according to which they expect to spend $52 billion to subsidize the development of the national semiconductor industry in the next five years. European colleagues are also trying to keep up. According to Reuters, the EU ambassadors this week approved a bill providing for the allocation of subsidies in the amount of 45 billion euros for the development of the local semiconductor industry.
Image Source: ASML
The next step will be the discussion of the bill at the ministerial level of the EU countries, which is scheduled for December 1, and the European Parliament will be able to discuss and approve the final version of the document only next year. Ultimately, these measures are aimed at ensuring that up to 20% of all semiconductor products in the world are produced in Europe by the end of the decade. Now this share does not exceed 8%, although at the beginning of the century it reached 24%.
Priority in obtaining subsidies will be given to newly created industries that will master the production of components for artificial intelligence systems, high-performance computing, and will also improve the energy efficiency and environmental friendliness of electronic devices. Automotive component manufacturers will in most cases be denied subsidies, except in some cases for advanced components for autopilot systems.
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The legislation will define the powers of the regional authorities to access information about the logistics processes of companies involved in the production or production of chips in the event of various kinds of crisis phenomena. Debate also flared up over the access of market participants to related funds that provide funding specifically for research and development in the field of semiconductors. Small European countries wanted to get access to these funds in order to develop their own production, but large regional players are opposed to this, insisting on the allocation of funds from other sources.