en.Wedoany.com Reported - The European Commission has officially released the European Chips Act 2.0, aiming to enhance the competitiveness, resilience, and technological autonomy of Europe's semiconductor industry. The policy was announced by officials at the SEMI Europe policy forum held in Brussels, which attracted representatives from leading semiconductor companies, policymakers, and key stakeholders from various governments.

SEMI Europe welcomed the updated framework, viewing it as a reflection of the EU's continued commitment to supporting the semiconductor sector and solidifying Europe's position in the global technology landscape. Building on the original European Chips Act, the new framework seeks to strengthen the entire semiconductor value chain and address structural challenges that could erode Europe's long-term competitiveness.

Laith Altimime, President of SEMI Europe, stated at the forum: "We welcome the Chips Act 2.0's proposals to expand the 'first-of-a-kind' concept, accelerate the translation of R&D results into industrial applications, streamline approval processes, and stimulate demand across the semiconductor value chain. These measures are crucial for strengthening the European semiconductor ecosystem, enhancing technological sovereignty, and building a more resilient and globally competitive European supply chain."

Ajit Manocha, President and CEO of SEMI, added: "Semiconductors are a global industry, and SEMI has always been committed to promoting international cooperation, which is vital for building resilient and competitive supply chains. We appreciate collaborations between governments and industries, such as the European Chips Act 2.0, and investments that leverage regional strengths to accelerate innovation."

During the forum, SEMI Europe once again served as a platform for dialogue between industry and policymakers at a critical juncture for European semiconductor development. Participants emphasized the importance of coordinated action among governments, industries, and international partners to support Europe's semiconductor ambitions. The Chips Act 2.0 framework aligns with several priority areas consistently advocated by SEMI and the broader industry, reinforcing Europe's commitment to innovation, manufacturing, and the long-term competitiveness of the entire semiconductor ecosystem.

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