European labs led by imec to receive $2.7 billion in Chips Act funding
7 months ago

European labs led by imec to receive $2.7 billion in Chips Act funding

The Hindu  

Leading European research labs will receive 2.5 billion euros in funding under the European Chips Act to set up a pilot line to develop and test future generations of advanced computer chips, Belgium's imec said on Wednesday. The European Union's 43 billion euro Chips Act was announced in 2023 to support domestic European chipmaking, a counterbalance to plans by China, the U.S. and other governments to shore up their own industries following shortages during the COVID pandemic. Leuven, Belgium-based research hub imec will host the pilot line for the sub-2 nanometre chips to help European industry, academics and start-ups access chip manufacturing technology that would otherwise be too expensive for any one of them to test or use in development. Several EU programs and Belgium's Flanders government are providing 1.4 billion euros in funding, with industry players including leading equipment maker ASML providing 1.1 billion euros, imec said.

European Euros Belgium Chips Chips Act Billion Eu  line  27  chips  research  led  billion  eu  european  act  euros  pilot  receive  imec  labs  funding

History of this topic

Europe's top tech firm expecting AI bonanza
1 month, 1 week ago

Europe's top tech firm expecting AI bonanza

China Daily  

Massive interest in artificial intelligence, or AI, has led Europe's largest technology company to predict annual sales growth of between 8 percent and 14 percent during the coming five years, despite strict curbs on its exports to China. Netherlands-based computer chip equipment maker ASML Holding NV, which specializes in advanced chip-making machines, said on Thursday AI's expansion has triggered a …

Europe's top tech firm expecting AI bonanza
1 month, 1 week ago

Europe's top tech firm expecting AI bonanza

China Daily  

Massive interest in artificial intelligence, or AI, has led Europe's largest technology company to predict annual sales growth of between 8 percent and 14 percent during the coming five years, despite strict curbs on its exports to China. Netherlands-based computer chip equipment maker ASML Holding NV, which specializes in advanced chip-making machines, said on Thursday AI's expansion has triggered a …

EU approves Germany's 5-bln-euro subsidy for semiconductor plant
4 months ago

EU approves Germany's 5-bln-euro subsidy for semiconductor plant

China Daily  

The file photo shows the logo of German semiconductor manufacturer Infineon Technologies AG at the company's plant in Dresden, Germany on May 2, 2023. BRUSSELS -- The European Union has approved a 5-billion-euro state subsidy from Germany to support the construction and operation of a new microchip manufacturing plant, the European Commission announced on Tuesday. According to the European Commission, …

EU Chip Act reflect global emphasis on semiconductor industry
1 year, 5 months ago

EU Chip Act reflect global emphasis on semiconductor industry

China Daily  

Semiconductor chips are seen on a printed circuit board in this illustration picture taken Feb 17, 2023. The EU Chips Act calls for the EU to throw 3.3 billion euros at the goal from its budget, and for research and development to be reinforced, AFP said. Yang Chengyu, an associate researcher at the Institute of European Studies of the Chinese …

EU to Invest €43 Billion to Boost Local Chip Production, Reduce Dependency on Asia
1 year, 8 months ago

EU to Invest €43 Billion to Boost Local Chip Production, Reduce Dependency on Asia

News 18  

The European Parliament and EU member states reached an agreement Tuesday on a plan to boost the supply of semiconductors in Europe, as the bloc races to reduce its dependence on Asian suppliers. EU chief Ursula von der Leyen said the deal “will allow for a competitive chips industry and build the foundation for a global market share. It will …

EU nears deal on $47B law to boost computer chip production
1 year, 8 months ago

EU nears deal on $47B law to boost computer chip production

Associated Press  

LONDON — The European Union was closing in Tuesday on approval for a plan to ramp up semiconductor production as it seeks to wean itself off reliance on Asia for the tiny computer chips that control everything from cars to washing machines. The European Parliament and the bloc’s 27 member states struck an informal agreement for the 43 billion-euro Chips …

Bosch to invest 3 billion euros in chip production
2 years, 5 months ago

Bosch to invest 3 billion euros in chip production

The Hindu  

The investment, for which Bosch will seek European Union funding under the Important Projects of Common European Interests framework, should boost Europe's production capacity for chips in a global market still dominated by the U.S. and Asian players. Bosch last year opened a 1 billion euro chip factory in Dresden, a record investment as it sought to stake its claim …

Macron pumps taxpayer money into microchip plant to escape clutches of China
2 years, 5 months ago

Macron pumps taxpayer money into microchip plant to escape clutches of China

The Telegraph  

A major microchip factory is to be built in France with taxpayer money as Emmanuel Macron scrambles to reduce dependence on Chinese imports. The plant will receive “significant financial support” from taxpayers as part of a Brussels directive intended to grow the EU share of global chip production from its current level of around 10pc. Thomas Caulfield, chief executive of …

Spain to invest $13 billion to build microchip industry
2 years, 6 months ago

Spain to invest $13 billion to build microchip industry

Associated Press  

MADRID — The Spanish government on Tuesday announced a 12.3 billion euro investment plan to convert the country into a major producer of microchips and help reduce the dependence of Spain and the European Union on other suppliers. The announcement in Madrid came as Prime Minister Pedro Sánchez was to meet with leaders of technological firms at the World Economic …

Germany wins big as Intel spreads chip investment across six EU countries
2 years, 9 months ago

Germany wins big as Intel spreads chip investment across six EU countries

The Hindu  

Intel has picked Germany as the site for a huge new chipmaking complex, giving the first details of a $88 billion investment drive across Europe, which is striving to cut its reliance on imports and ease a supply crunch for manufacturers. Intel's announcement comes after the European Commission last month set out plans to encourage chip manufacturing in the European …

EU joins chips race with €43-billion bid to rival Asia
2 years, 10 months ago

EU joins chips race with €43-billion bid to rival Asia

The Hindu  

The EU on Tuesday unveiled a plan to quadruple the supply of semiconductors in Europe by 2030, hoping to limit the bloc’s dependence on Asia for a key component used in electric cars and smartphones. Chips Act The highly anticipated EU Chips Act will “mobilise more than €43 billion of public and private investments” and “enable the EU to reach …

Bosch to invest more than 400 mln eur in chip production
3 years, 1 month ago

Bosch to invest more than 400 mln eur in chip production

The Hindu  

German technology group Robert Bosch has earmarked more than 400 million euros for investments in microchip production in Germany and Malaysia next year to ease a global shortage. The largest part of Bosch's budget will be spent on a faster expansion of its Dresden, Germany factory for 300-millimeter wafers, which the group inaugurated in June, it said in a statement …

EU chief outlines ambitious plan to boost bloc’s chipmaking
3 years, 3 months ago

EU chief outlines ambitious plan to boost bloc’s chipmaking

Associated Press  

LONDON — The European Union’s top official outlined ambitious plans to help beef up the bloc’s chipmaking capability in the face of intensifying global competition for semiconductors. European Commission President Ursula von der Leyen unveiled the European Chips Act on Wednesday to provide official support for the bloc’s “chip ecosystem” so that the continent can stand on its own when …

Intel to invest up to 80 bln euros in boosting EU chip capacity-CEO
3 years, 3 months ago

Intel to invest up to 80 bln euros in boosting EU chip capacity-CEO

The Hindu  

Intel Corp on Tuesday said it could invest as much as 80 billion euros in Europe over the next decade to boost the region's chip capacity and will open up its semiconductor plant in Ireland for automakers. Intel CEO Pat Gelsinger, speaking at Munich's IAA auto show, also said the company would announce the locations of two major new European …

Discover Related