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Digital Sovereignty: Yesterday European Chips Act officially enters into force 🇪🇺 This act emphasizes the EU’s commitment to ensuring security, resilience, and technological leadership in the semiconductor sector – a pivotal component for the modern digital economy ranging from smartphones to vital infrastructures. Three core pillars support this act: 1️⃣ The “Chips for Europe Initiative” focuses on enhancing technological leadership and streamlining the transfer of knowledge. With a support of €3.3 billion from the EU, it’s poised to drive innovation and amplify the European design ecosystem. 2️⃣ The second pillar aims to encourage investments in manufacturing facilities for chipmakers, enhancing production capacities to bolster the EU’s security of supply. 3️⃣ A coordination mechanism establishes collaboration among Member States to monitor semiconductor supply, estimate demand, and promptly address any supply chain disruptions. Europe aspires to double its global market share in semiconductors by 2030. https://lnkd.in/eRHaS2XQ

Today is the day ‼️ The #ChipsAct enters into force with its three pillars: 1️⃣The Chips for Europe Initiative will support large-scale technological capacity building and innovation throughout the Union and enable the development and deployment of cutting-edge, next generation #semiconductor and #quantum technologies. 2️⃣A framework to ensure the security of #supply and #resilience of the Union’s semiconductor sector will attract investments and enhance production capacities in semiconductor manufacturing, advanced packaging, test, and assembly. 3️⃣ European Semiconductor Board will serve as #coordination mechanism between the Member States and the Commission for mapping and monitoring the Union’s semiconductor #valuechain as well as preventing and responding to semiconductor crises with ad-hoc emergency measures. Read more in the press release and dedicated websites 👇

The EU and Japan are strengthening their #digital partnership. The Digital Partnership was established in 2022 and is now being intensified. Key #technologies such as semiconductors, AI, quantum technology, 6G, as well as data and platform economies are to be jointly advanced. The goal is to enhance cooperation and promote joint developments through increased cooperative research of these cutting-edge technologies and through a regulatory dialogue. In particular, in the field of semiconductors, a research program is intended to help achieve the previously set goals, such as an early warning mechanism for critical disruptions in the #semiconductor supply chain and a joint approach in the area of advanced skills for the semiconductor industry. It may sound trivial to some, but this cooperative approach is exactly the right way to go. Instead of drifting apart into parallel paths, we need to strengthen and expand international collaboration. In doing so, we can build on mutual strengths and complement each other. This promises technological progress, faster innovations, and more resilient supply chains. https://lnkd.in/dh5bG-Rb

The Chips JU is the main implementer of the #Chips for #Europe Initiative (expected total budget €15.8 billion until 2030). The Chips JU aims at strengthening Europe's #semiconductor ecosystem and economic #security by managing an expected budget of nearly €11 billion by 2030, provided by the #EU and participating states. The Chips JU will: Set up pre-commercial, innovative pilot lines, providing industry state-of-the-art facilities to test, experiment and validate semiconductor technologies and system design concepts; Deploy a #cloud-based Design Platform for design companies across the EU; Support the development of advanced technology and engineering capacities for #quantum chips; Establish a network of competence centres and promote #skills development. #technology #innovation https://lnkd.in/dSG99N7q

Today, the European Chips Act comes into effect, marking a significant milestone for the EU's semiconductor industry. This comprehensive initiative consists of three pillars aimed at bolstering Europe's technological leadership, enhancing manufacturing capabilities, and ensuring supply chain resilience in the semiconductor sector. The first pillar, the Chips for Europe Initiative, backed by €3.3 billion in EU funds, promotes innovation, advanced production lines, and quantum chips. The second pillar encourages investments in chip manufacturing facilities, while the third establishes a coordination mechanism to monitor and respond to supply chain disruptions. This strategic move aligns with the EU's goal to double its global market share to 20% by 2030 and supports a more sustainable, inclusive, and digital Europe. #EuropeanChipsAct #Semiconductors #EUInnovation #strategy #supplychain #resillience https://lnkd.in/eYvpU3u7

Great to see, that Europe is progressing towards the implementation of the EU #ChipsAct.   With the official inauguration of the Chips Joint Undertaking , The European Commission has marked an important milestone in the consistent implementation of the European Chips Act. This definitely fosters international collaboration in the #semiconductor industry. Hopefully, the Chips JU will strengthen Europe's technological leadership by facilitating the transfer of knowledge from laboratory research to mass production, bridging the gap between #innovation, research, and industrial activities.   However, it is essential to strategically allocate subsidies to areas where the European industry demonstrates a genuine need for cutting-edge chips and where the complete manufacturing chain can be created locally.   https://lnkd.in/d4rfkJDH

Perspective: The Whole World of Possibilities When an issue jumps up and in my face, it takes up the entire field of vision. Like holding my hand in my face, I can’t see anything else! Not only is it filling my field of vision, it’s blinking a bright light, sometimes an urgent flashing red light. This is fraught with limitations. I can see only part of the picture, and it’s only a 2-dimensional representation of the issue. Imagine that you’re looking at the back of your hand less than 6 inches from your face. You’re engrossed in all the veins and wrinkles on this surface, reading what you can and developing a strategy based on this input and understanding. Then bring your other hand up behind the first as if you are holding a ball. Now, turn the ball. What do you see now? Not only do you see the other hand, you can see the other side of the first hand. You can see all the space in between the hands. You can now imagine other items or ideas in that space, ways that can create a “world” of ideas, maybe opportunities. Maybe even solutions. Intensity and urgency can move the first hand closer to your face, filling your field of vision. You have the power to look at the “world” of possibilities within your grasp.

The 2nd ROK-EU #Digital #Partnership Council was held today in Brussels. Since the first DP #Council in June 2023 in Seoul, Digital Partnership has already brough important outcomes in a short time such as : 1. #Semiconductor -Collaborative #research projects -New #EU-ROK Semiconductor #Researchers Forum -#Cooperation on Semiconductors' #supply chain 2. #5G/#6G -Joint R&D call for proposals on collaborative research topics on #RAN and 6G 3. #Quantum -EU-ROK Quantum Experts Group workshop -New #Korea-#Europe Quantum #Science and Technology Cooperation Center Also cooperation in #AI, #Online #Platform, #Cybersecurity and so on. ▶ https://lnkd.in/eYuRG4Nn

Exciting News! As of September 21, the European Chips Act has officially been enacted. This monumental legislation is set to fortify Europe's standing in the semiconductor sector, enhance supply chain security, and stimulate innovation. The Act aims to establish the European Union as a formidable contender in the global semiconductor landscape. #EuropeanChipsAct #Semiconductors #EU #Innovation #SupplyChain #atlant3d

Yesterday, the European Chips Act entered into force. The Chips Act is a unique opportunity for Europe to collaboratively address the current chip shortage problem across all Member States. ✍️ In the short term, the European Semiconductor Board will oversee and coordinate the semiconductor value chain within the Union. 🔬 In the medium term, the Act will bolster manufacturing activities and facilitate the scaling up of innovation across the entire value chain. ⚙️ In the long-term, the Chips Act will enhance Europe's technological capabilities, facilitating the transfer of knowledge from the laboratory to the fabrication stage. The aim is to position Europe as a technology leader in innovative downstream markets. (Source: European Commission)