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Description

Adopted EU Parliament position on Chips Act including subsidies and industrial policies measures

On 24 January 2023, the European Parliament Committee on Industry, Research and Energy (ITRE committee) adopted its Report on the Regulation establishing a framework of measures for strengthening Europe's semiconductor ecosystem (Chips Act). In its Report, the Parliament maintained the proposed investment issued by the European Commission. Under the adopted Report, the EU would invest through the Horizon Europe and Digital Europe programmes EUR 1.65 billion and EUR 1.65 billion in projects supporting the development of the EU semiconductor sector. Furthermore, under the proposed amendments, the Parliament stressed the need for funding research and projects involving "next-generation semiconductors" and processors for quantum computers. Finally, the Report stressed that the funds allocated to semiconductors should not reduce investments for other research and projects under Horizon Europe. The ITRE committee voted to enter into negotiations with the Council of the European Union. The negotiations will start if there is no request for a plenary vote during the session from 13 to 16 February 2023.

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Scope

Policy Area
Subsidies and industrial policy
Policy Instrument
Financial grant
Regulated Economic Activity
semiconductors
Implementation Level
supranational
Government Branch
executive
Government Body
central government

Complete timeline of this policy change

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2021-09-15
under deliberation

On 15 September 2021, the president of the European Commission announced that the European Union is…

2022-02-08
under deliberation

On 8 February 2022, the Commission of the European Union issued a Proposal for a Regulation establi…

2022-12-01
under deliberation

On 1 December 2022, the Council of the European Union adopted its general approach for the "Proposa…

2023-01-24
under deliberation

On 24 January 2023, the European Parliament Committee on Industry, Research and Energy (ITRE commit…