The Dutch government said on the 29th that all members of the European Union have joined the European "Semicon Coalition" promoted by the Netherlands, which is promoting the revision of the European Chips Act.
Reuters reported that the Semiconductor Alliance was jointly established by the Netherlands and eight other member states in March this year and submitted the policy declaration to the European Commission on the 29th.
Dutch Minister of Economic Affairs Vincent Karremans said in a statement: "Today all European ministers agree that Europe's industry strategies should be adjusted due to the increasing global geopolitical tensions."
European Congressional Conference, industry groups and enterprises are accelerating the promotion of Chips Act 2.0 (Chips Act 2.0), hoping to quickly fill in the shortcomings and defects of European semiconductor strategy.
Semiconductor Alliance believes that the EU needs to change the chip method from the originally set 20% global market share target to a more relevant strategy: ensure the mastery and autonomy of key technologies, speed up the approval process, and deepen skill training and fund investment in the entire semiconductor industry chain.
Although the first version of the chip method has triggered a wave of investment, it has failed to attract advanced chip manufacturing investment. For example, Intel canceled the plan to build a large new factory in Germany.
The International Semiconductor Industry Association (SEMI) said on the 29th that it has jointly signed a policy declaration with more than 50 semiconductor companies. SEMI also reiterated that it hopes that the EU will set up a single budget for the chip industry. SEMI suggested in May that the EU should expand semiconductor spending to four times.
Companies that sign policy declarations include: NVIDIA, ASML, Intel, STMicroelectronics and Infineon.
At the end of March this year, the European Review Institute (ECA) pointed out that the European Union has set a goal of 20% of the global chip market production by 2030, and it is difficult to achieve with the current progress. According to the European Academy of Appraisal, the European Union will account for 11.7% of the global chip value chain by 2030, a slight increase from 9.8% in 2022.