09 Dec 2022 -
 General

SEMI commends European Council’s progress on Chips Act

EU

SEMI, the industry association serving the global electronics design and manufacturing supply chain, applauded progress by the European Council on the European Chips Act, expressing strong support for the swift start of negotiations with the European Parliament in 2023.

“Europe’s future as a region of semiconductor manufacturing excellence is brimming with possibility,” said Laith Altimime, president of SEMI Europe. “The adoption of the European Council’s general approach marks a critical step in the passage of the European Chips Act, a landmark initiative for our industry.”

“SEMI looks forward to continued collaboration with the European institutions and our member companies to ensure the timely adoption and implementation of the European Chips Act, putting Europe’s semiconductor industry on a competitive footing with other regions,” said Christopher Frieling, director of Advocacy and Public Policy at SEMI Europe.

The European Parliament’s Committee on Industry, Research and Energy (ITRE) is expected to vote on the European Union Chips Act report in January 2023. The Committee will then submit the approved text to plenary for adoption, a vote scheduled for February 2023. The text would constitute the European Parliament’s negotiating position and mark the last step before the start of trialogue negotiations among the European Commission, Parliament, and Council.

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