Press conference by Neelie Kroes on the new European industrial strategy for electronics: extracts
Type: Summary of press conference
Brussels - EC/Berlaymont
On 23 May 2013, Neelie Kroes, Vice-President of the EC in charge of Digital Agenda, gave a press conference on the Communication outlining a strategy to strengthen the competitiveness and growth capacity of the micro and nanoelectronics industry in Europe.
Only the original language version is authentic and it prevails in the event of its differing from the translated versions.
||Exterior view of the Berlaymont building in Brussels
||Arrival of Neelie Kroes, Vice-President of the EC in charge of Digital Agenda, at the press conference
||Soundbite by Neelie Kroes (in ENGLISH): We must attract higher investment, and collaborate across borders. This will give the sector critical mass, and allow it to play the role of supporting new jobs and new economic growth across the whole economy. I want an investment that matches the size of the challenge. Together, the Commission, Member States and regions, should be able to channel more than €5 billion into research, development and innovation in the field over the next seven years.
||Cutaway of a photographer
||Soundbite by Neelie Kroes (in ENGLISH): So Europe must take its chances and reinforce its role in the sector. We can do it by creating whole new lines of business: as ever more functions fit onto a chip, embedded into ever more systems, we open up ever more innovative opportunities. This isn't about computers – I can't stress that enough. From communications to healthcare, energy to transport, every sector of our economy, every challenge of our society, can use and benefit from electronic innovations.
||Cutaway of a journalist
||Soundbite by Neelie Kroes (in ENGLISH): It will be a key pillar of our strategy. It will cover the whole innovation chain from technology development to pilot lines preparing for mass production and rapid market uptake. The Joint Technology Initiative will not be sufficient though. We should be also helping industry find new financing streams like loans and equities through the EIB, for example. We should also adapt and make the best use of frameworks from state aid to public procurement. And ensure a highly skilled workforce. With that, we'll be making electronics work for Europe, for our economy, and for our people.
||Departure of Neelie Kroes