Latest news with #EuropeanChipsAct
RTÉ News
19-05-2025
- Business
- RTÉ News
National semiconductor strategy targets 34,500 new jobs by 2040
The Government has launched a new national semiconductor strategy which aims to boost employment in the sector by 34,500 jobs by 2024. Semiconductors, sometimes referred to as microchips, are used in everything from smartphones and computers, to the latest quantum computing and AI technology. The semiconductor sector in Ireland currently has more than 130 indigenous and multinational companies providing 20,000 jobs and €13.5 billion in annual exports. The new semiconductor strategy entitled "Silicon Island" is designed to strengthen Ireland's role in the global semiconductor industry by attracting further major multinational investment and supporting indigenous start-ups and spin-outs. The plan aims to securing major industrial investments, including one leading edge fabrication facility in a regional location, two trailing-edge foundries, and one advanced packaging facility. The strategy will also focus on strengthening research capacity and promoting Ireland internationally as a hub of semiconductor excellence. "From AI to quantum computing and the green transition, semiconductors are at the core of global innovation," Minister for Enterprise, Tourism and Employment Peter Burke said. "This strategy is Ireland's commitment to helping deliver on the European Chips Act and to becoming a global leader in this vital sector. Ireland is turning to chips as the next big opportunity," Mr Burke said. The plans set out in the strategy will be guided by an industry-led Semiconductor Advisory Council. Professor William Scanlon, the CEO of Tyndall National Institute, welcomed the publication of the strategy. "As the national institute for semiconductors, Tyndall is proud to play our part in the delivery of the strategy through collaborative research and innovation and the development of talent and skills," Professor Scanlon said.
Arabian Post
16-05-2025
- Business
- Arabian Post
Europe Unites to Empower Chip Design Innovators
A 12-member European consortium has been commissioned to develop the EU Chips Design Platform, a cloud-based initiative aimed at bolstering the continent's semiconductor design capabilities. Coordinated by Belgium's imec and funded through the European Union's Digital Europe programme, the platform is a central component of the European Chips Act, which seeks to enhance the EU's global semiconductor market share. The platform is designed to provide fabless semiconductor startups, small and medium-sized enterprises , and research organisations with streamlined access to advanced chip design infrastructure, training, and capital. By offering a virtual environment equipped with electronic design automation tools, intellectual property libraries, and access to pilot line technologies, the initiative aims to lower entry barriers and foster innovation across Europe. Romano Hoofman, imec's project coordinator, emphasised the platform's potential to accelerate the design journey for startups and SMEs, enabling them to bring business ideas to market more swiftly. He highlighted the reduction of barriers to design expertise and the significant decrease in chip design and fabrication costs and time-to-market as key benefits. The consortium includes prominent research institutions such as the French Alternative Energies and Atomic Energy Commission , Germany's Fraunhofer-Gesellschaft and Leibniz Institute for High Performance Microelectronics , Silicon Austria Labs, Fondazione Chips-IT in Italy, the Spanish National Research Council , the International Iberian Nanotechnology Laboratory in Portugal, Eindhoven University of Technology in the Netherlands, Tampere University in Finland, the Czech Technical University in Prague , and AGH University of Krakow in Poland. TU/e plays a pivotal role in representing the integrated photonics ecosystem, particularly supporting startups and SMEs aiming to enhance product performance with photonic integrated circuits . The university is committed to making PICs more accessible, aligning with the platform's broader goal of democratizing semiconductor innovation. See also Gemini 2.5 Flash Unveils New Tools for AI Developers The platform is scheduled to onboard its first startups and SMEs by early 2026, offering low-barrier access to European design capabilities, including chip fabrication, packaging, and testing. It will also provide customized support for accessing commercial EDA tools, IP libraries, and open-source design repositories. Additionally, a startup support program will offer incubation, acceleration, mentoring, and financial assistance to help early-stage companies realise their innovative ideas.
Time of India
07-05-2025
- Business
- Time of India
EU should quadruple semiconductor spending, industry group says, ET Manufacturing
Advt Advt Advt Advt AMSTERDAM: The European Union should quadruple its spending on chips and allocate a separate budget for it, industry group SEMI said on Tuesday in its official response to EU consultations for its upcoming investment lawmakers and industry groups are gathering momentum for a " Chips Act 2.0 ", pushing to quickly fill the gaps in the continent's semiconductor 27-country bloc is consulting industry stakeholders, including the Brussels-based European arm of SEMI, as it plans its long-term spending for the period between 2028 and 2034, with a budget announcement scheduled for European Commission will need to allocate 20 billion euros ($22.64 billion) across the entire semiconductor supply chain, triggering total investments of more than 260 billion euros from public and private entities, SEMI said in the letter seen by late March, the European Court of Auditors said that the EU's objective to reach 20% of the world's chip market output by 2030 was unreachable at the current European Commission has so far only contributed 4.5 billion euros into the 43 billion euro European Chips Act, while about 80% of the public funding came from the member states, the bloc's top audit institution said in the said a separate EU budget would help level the playing field across the region, as each member state presently invest in their own national industry first."Semiconductors are the foundational component underpinning virtually every sector of the modern economy - Automotive, aerospace, industrial robotics and medical devices - and yet the EU continues to rely extensively non-European suppliers for the vast majority of its advanced chips and critical supply chain components," it and AI chips, along with quantum technologies, were some of the gaps the industry group identified in its is projected to reach 11.7% of the global semiconductor market share by 2030, just over half of its ambitious goal, according to the Court of Auditors.
The Star
06-05-2025
- Business
- The Star
EU should quadruple semiconductor spending, industry group says
FILE PHOTO: Semiconductor chips are seen on a circuit board of a computer in this illustration picture taken February 25, 2022. REUTERS/Florence Lo/Illustration/File Photo AMSTERDAM (Reuters) -The European Union should quadruple its spending on chips and allocate a separate budget for it, industry group SEMI said on Tuesday in its official response to EU consultations for its upcoming investment budget. European lawmakers and industry groups are gathering momentum for a "Chips Act 2.0", pushing to quickly fill the gaps in the continent's semiconductor strategy. The 27-country bloc is consulting industry stakeholders, including the Brussels-based European arm of SEMI, as it plans its long-term spending for the period between 2028 and 2034, with a budget announcement scheduled for July. The European Commission will need to allocate 20 billion euros ($22.64 billion) across the entire semiconductor supply chain, triggering total investments of more than 260 billion euros from public and private entities, SEMI said in the letter seen by Reuters. In late March, the European Court of Auditors said that the EU's objective to reach 20% of the world's chip market output by 2030 was unreachable at the current pace. The European Commission has so far only contributed 4.5 billion euros into the 43 billion euro European Chips Act, while about 80% of the public funding came from the member states, the bloc's top audit institution said in the report. SEMI said a separate EU budget would help level the playing field across the region, as each member state presently invest in their own national industry first. "Semiconductors are the foundational component underpinning virtually every sector of the modern economy – Automotive, aerospace, industrial robotics and medical devices – and yet the EU continues to rely extensively non-European suppliers for the vast majority of its advanced chips and critical supply chain components," it said. Cutting-edge and AI chips, along with quantum technologies, were some of the gaps the industry group identified in its response. Europe is projected to reach 11.7% of the global semiconductor market share by 2030, just over half of its ambitious goal, according to the Court of Auditors. ($1 = 0.8835 euros) (Reporting by Nathan Vifflin in Amsterdam, editing by Milla Nissi-Prussak)
Reuters
06-05-2025
- Business
- Reuters
EU should quadruple semiconductor spending, industry group says
AMSTERDAM, May 6 (Reuters) - The European Union should quadruple its spending on chips and allocate a separate budget for it, industry group SEMI said on Tuesday in its official response to EU consultations for its upcoming investment budget. European lawmakers and industry groups are gathering momentum for a "Chips Act 2.0", pushing to quickly fill the gaps in the continent's semiconductor strategy. The 27-country bloc is consulting industry stakeholders, including the Brussels-based European arm of SEMI, as it plans its long-term spending for the period between 2028 and 2034, with a budget announcement scheduled for July. The European Commission will need to allocate 20 billion euros ($22.64 billion) across the entire semiconductor supply chain, triggering total investments of more than 260 billion euros from public and private entities, SEMI said in the letter seen by Reuters. In late March, the European Court of Auditors said that the EU's objective to reach 20% of the world's chip market output by 2030 was unreachable at the current pace. The European Commission has so far only contributed 4.5 billion euros into the 43 billion euro European Chips Act, while about 80% of the public funding came from the member states, the bloc's top audit institution said in the report. SEMI said a separate EU budget would help level the playing field across the region, as each member state presently invest in their own national industry first. "Semiconductors are the foundational component underpinning virtually every sector of the modern economy – Automotive, aerospace, industrial robotics and medical devices – and yet the EU continues to rely extensively non-European suppliers for the vast majority of its advanced chips and critical supply chain components," it said. Cutting-edge and AI chips, along with quantum technologies, were some of the gaps the industry group identified in its response. Europe is projected to reach 11.7% of the global semiconductor market share by 2030, just over half of its ambitious goal, according to the Court of Auditors. ($1 = 0.8835 euros)
