US EditionThe European Union’s push for next generation space electronics and critical technologies
- Europe aims to improve its semiconductor production to compete with the U.S. And Asia by forming a coalition of nine countries, led by the Netherlands, to accelerate the European Chips Act's second funding package, which is due by summer 2025.
- The European Chips Act launched in 2023 aims to reduce Europe's reliance on foreign semiconductor supplies and strengthen technological sovereignty. However, it has faced slow approval processes and limited state support compared to the U.S. And China.
- The recent EU Space Research and Innovation Programme aims to strengthen Europe's critical technologies and enhance its strategic autonomy in space, as stated by the European Commission.
- Organizations will formally present their needs for semiconductor support to the European Commission's digital official after a Brussels meeting.
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IT Security News - cybersecurity, infosecurity news
IT Security News - cybersecurity, infosecurity newsNine EU Countries Push For New Chips Act
Nine EU countries led by the Netherlands push European Commission for follow-up to 2023 EU Chips Act to boost manufacturing
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Leaning Left2Leaning Right0Center2Last UpdatedBias Distribution50% Left, 50% Center
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