EU Invests €325 Million to Boost Semiconductor Innovation

EU Invests €325 Million to Boost Semiconductor Innovation

2024-07-05 semicon

Brussels, Friday, 5 July 2024.
The European Union has announced a significant investment of €325 million to support semiconductor research and innovation. This funding, part of the Chips for Europe initiative, aims to establish a pilot line for photonic integrated circuits, create chip competence centers, and develop a cloud-based semiconductor design platform.

Advancing Photonic Integrated Circuits

The investment will primarily focus on the development of photonic integrated circuits (PICs). These advanced semiconductors use light to process and transmit information, offering significant advantages over traditional electronic circuits. By leveraging the properties of light, PICs can achieve higher processing speeds and lower energy consumption, making them ideal for high-performance computing, high-speed communications, and data centers. This technological leap is expected to play a crucial role in the next generation of computing and communication technologies.

Establishing Competence Centers

In addition to PICs, the funding will support the creation and networking of ‘chips competence centers’ across the participating states. These centers will serve as hubs of technical expertise and experimentation, particularly benefiting small and medium-sized enterprises (SMEs). By providing access to state-of-the-art facilities and knowledge, these centers aim to enhance the design capabilities and skill development of European companies. This collaborative approach is designed to foster innovation and ensure that European enterprises remain competitive in the global semiconductor market.

Developing a Cloud-Based Design Platform

Another significant aspect of the funding is the development of a cloud-based semiconductor design platform. This platform will be accessible to academia, start-ups, and SMEs, enabling them to design and develop new chips more efficiently. By providing a shared online space for innovation, the platform aims to lower the barriers to entry for new players in the semiconductor industry and accelerate the time-to-market for new designs. This initiative is expected to democratize access to advanced design tools and foster a more inclusive innovation ecosystem.

Key Stakeholders and Application Process

The Chips Joint Undertaking (Chips JU), the body responsible for overseeing this initiative, has outlined a clear application process for interested parties. Industrial players and research organizations can apply for funding through the Funding and Tender Opportunities portal and the Chips JU website. The deadlines for proposals are set for 17 September 2024 for the photonics pilot line, 2 October 2024 for the competence centers, and 10 October 2024 for the design platform. Detailed information sessions will be held on 11-12 July 2024 to guide applicants through the process.

Implications for Europe’s Semiconductor Industry

This substantial investment is part of the broader Chips for Europe initiative under the EU Chips Act, which aims to bolster Europe’s semiconductor capabilities and ensure technological sovereignty. By focusing on cutting-edge technologies like PICs and fostering collaboration through competence centers and cloud-based platforms, the EU is positioning itself as a leader in the global semiconductor landscape. The success of these initiatives could significantly reduce Europe’s dependency on external semiconductor suppliers and enhance its competitive edge in high-tech industries.

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