The European Union (EU) announced on March a plan that would allow it to invest 48,000 million dollars in the semiconductor industry here in 2030 with the end of duplicating its market share in a strategic sector that suffers from quarantines.
“It is an extremely important moment for Europe, first of all, in changing the standards of competency policy, and in particular state aid,” said Thierry Breton, chairman of Mercado Interior’s commissioner, who is directing the project.
The President of the European Commission, Ursula von der Leyen, mark as an objective to double the market share of block in semiconductors has to increase the 20% of world production in the finals of the decade, to reduce Asian dependence.
It’s going to double the production in European territory and for that, the European Executive will validate on March a massive public inversion.
The draft regulation, which will be approved by the Member States and the European Parliament, reflects the new willingness of an industrial interventionist in a very open continent to competence.
The European Union has raised 14,000 million dollars in subsidies (7,000 million from the EU and 7 from the United States) to fund the investigation into the microchips more innovators and ways to prepare for industrialization.
To allow the implantation of very large factories, but also to promote the innovation in more small companies, the European Union will authorize 34,000 million dollars in public aid from Member States to industrial sectors, including foreign groups, such as Intel, which is expected to invest in Europe.
The Commission hopes that these funds will attract major private investors.
“The EU is endowed with the necessary media to guarantee its security of abatement, as has been the case, for example, the United States”, including possible restrictions on exports in the event of a crisis, said Thierry Breton.
“Europe is becoming an open continent, but in its own terms,” he summed up, referring to a “paradigm shift”.
For the past three years, I have been working with the semiconductor seminist, essences for everyday objects such as coaches or mobile phones.
Recently, many EU factories have blocked their activity depending on the number of imports.
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Reference-www.eleconomista.com.mx