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Electronic chips: an ambitious EU plan to produce more in Europe

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French MEP Christophe Grudler (MoDem), Vice-Coordinator Renew Europe for the Committee on Industry, Research and Energy (ITRE) reacts to the presentation by the European Commission of the "EU Chips Act":

"Announced by President Ursula Von Der Leyen last September, the major investment plan for electronic chips was officially launched today by the European Commission. The "EU Chips Act" is a turning point for our electronics industry, as it will enable a massive relaunch of production in Europe of electronic components that are essential to everyday life. I welcome this ambitious and unprecedented project, which will enable us to recreate know-how and jobs and increase the EU's strategic autonomy. As we have seen in recent months with the shortages of semi-conductors, the EU is too dependent on imports in this area. With more than €43 billion of investment planned, this programme aims to equip Europe with the full range of skills, from design to prototyping and manufacturing of semiconductors and electronic components. Above all, this new European production of semiconductors will benefit the whole of European industry: whether it be for making trains, planes, cars, medical equipment, consumer electronics or even everyday household appliances. I will be mobilised in the European Parliament to make this great plan a European success, which will directly serve European strategic autonomy.