SEMI Calls for EU's Assertive Push in Semiconductor Industry

The semiconductor industry is at a critical juncture, with global demand surging and supply struggling to keep pace. In this dynamic landscape, SEMI, the global industry association serving the electronics design and manufacturing supply chain, has called upon the European Union to adopt an assertive industrial policy to bolster its semiconductor ecosystem. This article explores the reasons behind SEMI's recommendation and the potential implications for Europe's semiconductor sector.

The European Commission has already initiated the European Chips Act to strengthen the region's semiconductor industry. However, SEMI Europe, in its recent recommendations for the 2024-2029 legislative term, urges policymakers to build on this momentum and advance toward a 'Chips Act 2.0.' The association emphasizes the need for strategic investments across the EU, member states, and private sectors to achieve the EU's goal of a 20% global market share by 2030.

SEMI's recommendations focus on five key areas: optimizing funding, enhancing economic security, integrating semiconductors in the EU's Green Deal, ensuring responsible chemical use, and addressing the talent gap. By optimizing funding, the EU can strengthen its semiconductor ecosystem and foster innovation. Enhancing economic security involves aligning protective measures with proactive initiatives to improve global competitiveness, streamlining export controls, and reinforcing intellectual property protection.

Integrating semiconductors in the EU's Green Deal is crucial for balancing innovation and sustainability. This can be achieved by developing a policy framework that supports research for alternative chemicals and responsible use of essential chemicals. By doing so, Europe can maintain the competitiveness of its semiconductor supply chain while promoting a greener future.

Addressing the increasing talent gap is essential for the long-term growth of the semiconductor sector. SEMI recommends fostering collaboration between industry and education, as well as reforming immigration legislation to attract skilled talent globally. By taking these steps, the EU can cultivate a skilled workforce that drives innovation and growth in the semiconductor industry.

European semiconductor companies are already making significant strides in innovation and sustainability. For instance, Infineon Technologies, a German semiconductor manufacturer, has invested in research and development to create more energy-efficient and eco-friendly products. Similarly, STMicroelectronics, an Italian company, has committed to achieving net-zero greenhouse gas emissions by 2030.

SEMI's recommendations underscore the importance of the European Commission in prioritizing strategic investments and establishing robust policy frameworks. By doing so, the EU can promote collaboration across sectors, advance sustainable innovation, and cultivate a skilled workforce, thereby ensuring Europe's competitive standing within the global semiconductor industry.

In conclusion, SEMI's call for an assertive industrial policy in the European semiconductor sector is a timely and necessary move. By optimizing funding, enhancing economic security, integrating semiconductors in the Green Deal, ensuring responsible chemical use, and addressing the talent gap, the EU can strengthen its semiconductor ecosystem and secure its position in the global market. With the right policies and investments, Europe can become a leader in the semiconductor industry, driving technological advancement, economic growth, and sustainability.