ANTWERP, Belgium, May 22 (Reuters) - The European Chips
Act is on track to help attract more than 100 billion euros
($108.41 billion) worth of private investment to the European
semiconductor industry by 2030, a European Commission official
said on Wednesday.
Thomas Skordas was speaking at a conference in Antwerp about
the future of the initiative, which is Europe's answer to
similar programmes in the United States and Japan and to China's
support for its domestic computer chip makers.
The European Chips Act has led to "promises for investments
of the order of 100 billion euros to expand the manufacturing
capacity within the EU by 2030", Skordas said.
The European Union Chips Act, billed as offering funding of
43 billion euros, relies heavily on individual governments with
the Commission so far approving very little actual funding.
However, firms including Intel ( INTC ) and TSMC
have announced plans to build plants in Germany at a cost of
more than 30 billion euros this year.
Skordas, an official at the Commission's digital unit, said
the commission expects to finalise funding for R&D pilot lines
in four sub-sectors of the chip industry by September, including
a 2.5 billion euro grant for developing extremely advanced chips
in Europe.
Skordas said unspecified funding for another pilot line to
develop photonics, or chips that use light instead of
electricity, is still in the works.
The Commission is also arranging funding for a European
design platform to give companies, academics and startups access
to the software tools needed to design their own chips. Most
advanced chipmakers design chips but leave the manufacturing to
specialists such as TSMC, Samsung or Intel ( INTC ).
"In July, we expect to open the call for the consortium that
will be responsible for designing and developing this platform
at the European level," Skordas said.
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