Industry welcomes and supports the declaration of the Semiconductor Coalition Europe. The declaration recognises the scope of the challenges faced by European industry and represents the needs of industry looking forward. We reaffirm the ambitions of building prosperity, indispensability, and resilience in the next iteration of the Chips Act, and we believe that the policy priorities lay the groundwork for a strong European semiconductor strategy.
We urge the signatories to immediately start a process to define clear goals and underpin these goals with a measurable execution strategy. This should happen in closest partnership with industry, to take the right decisions to ensure future competitiveness of the semiconductor industry in Europe.
To read our recommendations in full please download the document above.