In today's world, semiconductors have become essential components of virtually all aspects of our daily lives, so much so that the business of producing semiconductors is of key strategic importance to all major regions. A report has been produced that sets out a proposal to combine strengths and resources at European and National levels, in partnerships that reinforce the industry's capacity to deliver such highly innovative digital technologies and components to essential sectors of the economy.

On February 1, 2018 in Brussels, high-level representatives of companies and research and technology organisations (RTOs) active in semiconductor technology agreed to present Mariya Gabriel, the Commissioner for Digital Economy and Society, with a consolidated set of strategic measures for electronics value chains in Europe.

These measures were presented on June 19 in the form of a report, making the case for a change in approach and outlining a set of actions intended to set the basis for future European policy. The report comes at a time where the sector's EU-headquartered company footprint has been reduced by a wave of acquisitions and where massive investments are being made in Asia in order to expand fab capacity.

There is still room for optimism, however. The digital transformation together with the emergence of artificial intelligence (AI), are heralded as opportunities for Europe. Seizing such opportunities will require concerted efforts to build a robust electronics value chain and to collaborate with end-user sectors much earlier in technology development cycles. By combining strengths and resources at European and national levels through partnerships, Europe can deliver technology that is trusted, secure, energy-efficient and accessible.

This is the main thrust of the report and it was welcomed by Commissioner Gabriel.

The next steps will be to work together with other stakeholders on a plan of implementation. The timeline agreed is end 2018.

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