{"id":139351,"date":"2025-04-30T09:10:52","date_gmt":"2025-04-30T06:10:52","guid":{"rendered":"https:\/\/tietopankki.crnet.fi\/fi\/news\/eu-off-the-pace-in-global-microchip-race\/"},"modified":"2025-04-30T09:10:52","modified_gmt":"2025-04-30T06:10:52","slug":"eu-off-the-pace-in-global-microchip-race","status":"publish","type":"post","link":"https:\/\/tietopankki.crnet.fi\/fi\/news\/eu-off-the-pace-in-global-microchip-race\/","title":{"rendered":"EU off the pace in global microchip race"},"content":{"rendered":"<div class=\"mp_wrapper\">\n  <div class=\"mepr-unauthorized-message\">\n    <p>You are unauthorized to view this page.<\/p>\n  <\/div>\n  <div class=\"mepr-login-form-wrap\">\n            \n<div class=\"mp_wrapper mp_login_form\">\n                  <!-- mp-login-form-start -->     <form name=\"mepr_loginform\" id=\"mepr_loginform\" class=\"mepr-form\" action=\"https:\/\/tietopankki.crnet.fi\/fi\/login-2\/\" method=\"post\">\n            <div class=\"mp-form-row mepr_username\">\n        <div class=\"mp-form-label\">\n                              <label for=\"user_login\">Username<\/label>\n        <\/div>\n        <input type=\"text\" name=\"log\" id=\"user_login\" value=\"\" \/>\n      <\/div>\n      <div class=\"mp-form-row mepr_password\">\n        <div class=\"mp-form-label\">\n          <label for=\"user_pass\">Password<\/label>\n          <div class=\"mp-hide-pw\">\n            <input type=\"password\" name=\"pwd\" id=\"user_pass\" value=\"\" \/>\n            <button type=\"button\" class=\"button mp-hide-pw hide-if-no-js\" data-toggle=\"0\" aria-label=\"Show password\">\n              <span class=\"dashicons dashicons-visibility\" aria-hidden=\"true\"><\/span>\n            <\/button>\n          <\/div>\n        <\/div>\n      <\/div>\n            <div>\n        <label><input name=\"rememberme\" type=\"checkbox\" id=\"rememberme\" value=\"forever\" \/> Remember Me<\/label>\n      <\/div>\n      <div class=\"mp-spacer\">&nbsp;<\/div>\n      <div class=\"submit\">\n        <input type=\"submit\" name=\"wp-submit\" id=\"wp-submit\" class=\"button-primary mepr-share-button \" value=\"Log In\" \/>\n        <input type=\"hidden\" name=\"redirect_to\" value=\"\/fi\/wp-json\/wp\/v2\/posts\/139351\" \/>\n        <input type=\"hidden\" name=\"mepr_process_login_form\" value=\"true\" \/>\n        <input type=\"hidden\" name=\"mepr_is_login_page\" value=\"false\" \/>\n      <\/div>\n    <\/form>\n    <div class=\"mp-spacer\">&nbsp;<\/div>\n    <div class=\"mepr-login-actions\">\n        <a\n          href=\"https:\/\/tietopankki.crnet.fi\/fi\/login-2\/?action=forgot_password\"\n          title=\"Click here to reset your password\"\n        >\n          Forgot Password        <\/a>\n    <\/div>\n\n      \n    <!-- mp-login-form-end --> \n  <\/div>\n      <\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<div class=\"smart_content_wrapper\">\nThe EU is very unlikely to meet its target of a 20 per cent share of the global market for microchips by 2030, according to a new report released by the European Court of Auditors. Acknowledging that the EU\u2019s 2022 EU Chips Act brought new momentum to the European microchip sector, the ECA report shows that investments driven by it are unlikely to significantly enhance the EU\u2019s position in the field.<\/p>\n<p>The global shortage of microchips during the COVID-19 pandemic highlighted their critical importance to the economy. The EU\u2019s \u2018Digital Decade\u2019 strategy set a target for the Union to gain a 20 per cent share of global production value in cutting-edge and sustainable microchips by 2030. The European Commission has made reasonable progress on implementing its strategy, say the auditors, but they also found that there is a gap to bridge between ambition and reality.<\/p>\n<p>The EU urgently needs a reality check in its strategy for the microchips sector\u201d, said Annemie Turtelboom, the ECA Member in charge of the audit. \u201cThis is a fast-moving field, with intense geopolitical competition, and we are currently far off the pace needed to meet our ambitions. The 20 % target was essentially aspirational \u2013 meeting it would require us to approximately quadruple our production capacity by 2030, but we are nowhere close to that with our current rate of progress. Europe needs to compete \u2013 and the European Commission should reassess its long-term strategy to match the reality on the ground\u201d.<\/p>\n<p>The Commission is responsible for only 5 % (\u20ac4.5 billion) of the \u20ac86 billion in estimated funding for the Chips Act up to 2030. The remainder is expected to come from member states and industry. For comparison, the top global manufacturers budgeted \u20ac405 billion in investment over just a three-year period, from 2020 to 2023, which dwarves the financial firepower of the Chips Act.<\/p>\n<p>Nevertheless, as the auditors point out, the Commission has no mandate to coordinate national investments at EU level to ensure they align with the Act\u2019s objectives. In addition, the Chips Act lacks clarity in its targets and monitoring, and it is difficult to know whether it takes proper account of the industry\u2019s current levels of demand for mainstream microchips.<\/p>\n<p>Several other key factors affect the EU\u2019s competitiveness in the field, and the chances for successful implementation of the Chips Act. These include dependency on imports of raw materials, high energy costs, environmental concerns, geopolitical tensions and export controls, and a shortage of skilled workers. Furthermore, the EU microchip industry consists of a few large enterprises focused on high-value projects, meaning that funding is concentrated. The cancellation, delay or failure of a single project can therefore have a significant impact on the whole sector.<\/p>\n<p>Overall, the auditors found that the Chips Act is highly unlikely to significantly increase the EU\u2019s share of the microchips market, or to meet the objective of 20 % of global output. Indeed, the European Commission\u2019s own forecast, published in July 2024, predicts that despite a significant expected increase in manufacturing capacity, the EU\u2019s overall share of the global value chain in a fast growing market would increase only slightly, from 9.8 % in 2022 to just 11.7 % by 2030.<\/p>\n<p>The ECA\u2019s special report 12\/2025, \u201cThe EU\u2019s strategy for microchips\u201d, is available on their website, together with a one-page overview of its key facts and findings.<\/p>\n<p>Source: <a rel=\"noopener\" href=\"https:\/\/www.eubusiness.com\/research\/eu-off-the-pace-in-global-microchip-race\/\">EUbusiness<\/a><\/p>\n<p>&nbsp;<\/p>\n<\/div>\n<p>The post <a rel=\"noopener\" href=\"https:\/\/vastuullisuusuutiset.fi\/fi\/vau-viikkokatsaus\/eu-off-the-pace-in-global-microchip-race\/\">EU off the pace in global microchip race<\/a> appeared first on <a rel=\"noopener\" href=\"https:\/\/vastuullisuusuutiset.fi\/fi\">Vastuullisuusuutiset.fi<\/a>.<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[22],"tags":[18684,606,607,608],"class_list":["post-139351","post","type-post","status-publish","format-standard","hentry","category-news","tag-global-microchip-race","tag-vau_viikkokatsaus","tag-vauen","tag-vaufien"],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/tietopankki.crnet.fi\/fi\/wp-json\/wp\/v2\/posts\/139351","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tietopankki.crnet.fi\/fi\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tietopankki.crnet.fi\/fi\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tietopankki.crnet.fi\/fi\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/tietopankki.crnet.fi\/fi\/wp-json\/wp\/v2\/comments?post=139351"}],"version-history":[{"count":0,"href":"https:\/\/tietopankki.crnet.fi\/fi\/wp-json\/wp\/v2\/posts\/139351\/revisions"}],"wp:attachment":[{"href":"https:\/\/tietopankki.crnet.fi\/fi\/wp-json\/wp\/v2\/media?parent=139351"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tietopankki.crnet.fi\/fi\/wp-json\/wp\/v2\/categories?post=139351"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tietopankki.crnet.fi\/fi\/wp-json\/wp\/v2\/tags?post=139351"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}