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Looking back on the week of our parliamentary delegation in Washington DC

It is particularly important for Democrats on both sides to work more closely together.

Towards new rules to promote semiconductor production

semi-conductors

The European Commission is opening the door to state aid in order to develop semiconductor production on the continent. The aim is to respond to the shortage of microprocessors affecting the automotive and mobile phone industries.

The Commission is in fact looking for a compromise between the 27. On the one hand, there are member states such as France and Germany that want a barrier-free approach to subsidise national companies and thus respond to Chinese competition. On the other hand, the Netherlands and Denmark are opposed to government support for production. "It is clear that we need to do more in several areas to become truly competitive and to have a real level playing field between our industries and competing industries," said EDP Secretary General Sandro Gozi.

Semiconductors are everywhere: in telephones, wind turbines, telecommunication satellites, or even in electric bikes.

This is why French MEP Christophe Grudler welcomes the Commission's announcement that it will facilitate state aid to develop semiconductor projects in Europe. Furthermore, I am looking forward to the European Chip Act, which is to be presented in early 2022, and which should enable the European Union to catch up in electronic chips.