The recent global crisis on the semiconductors shortage has forced businesses to find new solutions, but in other cases, it meant the closures of many companies. An unexpected situation for this sector has shown how it is an unbalanced match with few players on a unique global field.
For this reason, the European Union has focused on semiconductors to find a solution to make the European States more competitive in the global chips market. Thanks to the European Chips Act, adopted by the European Commission in February 2022, the EU will invest more than €43 billion from private and public funds to prevent and respond to supply chain disruption.
In 2020 a trillion microchips were produced globally and the EU represents 10% of this market. Thanks to digital transformation, semiconductors have become precious elements because they are used in several sectors: automotive, the Internet of Things, connectivity, cloud services, pharma, defense, and public administration.
Key areas for the European Chips Act
The European Chips Act will integrate other EU initiatives and its main objective is to support the development on a large scale of new technologies and reinforce the semiconductors ecosystem.
The main objectives of the European Chips Acts are:
- reinforce the European leadership in the research for faster and smaller chips;
- promote innovative solutions for designing, producing, and packaging for the prototyping of new-generation chip;
- establish a certification procedure for chips that are more efficient and reliable to guarantee high quality and security in the most critical situations;
- promote a new regulatory framework to increase the production capacity to reach 20% of the global market by 2030;
- develop a complete overview of the supply chain;
- attract new talents and promote a specialized education.
Thanks to these initiatives, the European Union will reinforce its leadership in the mid and long-term in the areas of research, prototyping, and designing.
MAS Elettronica commitment to face the semiconductors crisis
Thanks to its vast experience in electronics, MAS Elettronica can offer efficient solutions to overcome this critical and historical situation.
Our embedded solutions are designed to fit the client’s needs. Thanks to the Hardware Cross Reference, we can modify our products according to the availability of raw materials. Our long-term vision allows us to plan productions in all the different phases: from the testing phase to labeling and delivering.