An electronics strategy was adopted in May 2013, which aims to maintain Europe at the leading edge in the design and manufacturing of micro and nanoelectronics, and to provide benefits across the economy. The strategy facilitates industry investments of 100 billion euros and help create 250,000 jobs in Europe up to 2020. In order to achieve these goals, the strategy proposes:
The objective is to reverse the decline of Europe's share of the supply of micro and nanoelectronics and ensure in a decade from now a level of production in the EU that is more in line with the size of its economy. The proposed strategy in consonance with the Key Enabling Technologies (KETs) initiative approach.
Moreover, five research projects (pilots) have been jointly set up by the EU, Member states and European industry to reinforce European manufacturing competitiveness.
The strategy includes three key actions regarding: