This would be a broad plan to maintain the competitiveness and self-sufficiency of the European Union while shortages have shown its dependence.
A few days ago, on the occasion of her annual state of the EU speech, Ursula von der Leyen, President of the European Commission, stressed the importance of investing heavily in European digital sovereignty. “Digital is a decisive subject,”she said.
For several months now, questions related to the shortage of semiconductors have been posed to all countries in the world, and more particularly to those in the European Union, as Ursula von der Leyen pointed out. According to the Chairperson of the Commission, it is therefore necessary to find solutions to no longer be dependent on certain Asian countries.
The Commission President made clear her intentions : “We will present a new European law on semiconductors. The aim is to create a state-of-the-art European ecosystem, including production. This will secure our supplies and develop new markets for European technology”.
Ursula von der Leyen acknowledged that this is a “daunting task” especially since ” some claim that it cannot be achieved “.
Three axes of development
The president puts the pessimism in perspective : “They said the same thing about Galileo 20 years ago. Look what happened. We pulled together. Today, European satellites provide the navigation system for more than 2 billion smartphones worldwide. We are world leaders. So let’s be bold again, this time with semiconductors “.
In parallel to Ursula von der Leyen’s speech, European Commissioner Thierry Breton said that “the race for the most advanced fleas is a race for technological and industrial leadership” adding that the European ambition would encompass research, production capacity and international cooperation.
He believes that a European semiconductor fund should be created. Thierry Breton says, however, that ” the idea is not to produce everything by our own means, here in Europe. We need to devise a strategy to diversify our supply chains to reduce our dependence on a single country or region “.
Intel logically welcomed the announcement of the President of the European Commission. The American giant has already planned to invest in new production infrastructure in Europe.