Is the European Commission’s proposed Chips Act a lost chance to secure chip supplies?

Circular Economy & Remanufacturing

The proposed act aims to double Europe’s current market share of 9% to 20% by 2030 in the global semiconductor production and expects to mobilize more than USD49 billion of public and private investments

The European Commission’s Proposal for a Regulation of the European Parliament and of the Council to establish a framework of measures for strengthening Europe’s semiconductor ecosystem or Chips Act, just like the US government’s recent policy on semiconductors, aims at securing strategic supply of chips to support various industries.

Thank you for visiting S&P Global AutoTechInsight.

*A subscription to News & Analysis includes four S&P Global-selected sector-specific analytical pieces per month. Access to all analytic pieces across all domains comes with a subscription to All Domains. Please click here to subscribe.

To get access to the AutoTechInsight full suite of services, please contact a sales representative by clicking here.

Already a subscriber? Please log in here

preload preload preload preload preload preload