EU Chips Act: The EU Strategy to Level the Semiconductor Playing Field and Safeguard its Digital Sovereignty
Description
EU Chips Act: The EU Strategy to Level the Semiconductor Playing Field and Safeguard its Digital Sovereignty
This IDC Market Perspective analyzes the EU Chips Act, the European Commission's supply-side policy to bolster the semiconductor industry and market in the continent while seeking to support the digital sovereignty of the EU. Additionally, the report explains the context in which the policy was enacted and the mechanisms through which it operates. The report also analyzes the challenges to the policy's full realization and the developments of future policy that may be proposed by the EU to complement the EU Chips Act. Similarly, the report also brings light to the positive net economic effects of the further growth of the semiconductors industry. Finally, the report presents the most palpable opportunities in the EU, explaining the economic geographic magnet of the union."Organizations need to be aware of the available business and investment opportunities opened up by policies such as the EU Chips Act and how to position themselves to make the most out of it, especially in Europe where digital technologies are seen as the core of economic growth," said Anielle Guedes, senior research analyst, IDC European Customer Insights & Analysis group.
Please Note: Extended description available upon request.
This IDC Market Perspective analyzes the EU Chips Act, the European Commission's supply-side policy to bolster the semiconductor industry and market in the continent while seeking to support the digital sovereignty of the EU. Additionally, the report explains the context in which the policy was enacted and the mechanisms through which it operates. The report also analyzes the challenges to the policy's full realization and the developments of future policy that may be proposed by the EU to complement the EU Chips Act. Similarly, the report also brings light to the positive net economic effects of the further growth of the semiconductors industry. Finally, the report presents the most palpable opportunities in the EU, explaining the economic geographic magnet of the union."Organizations need to be aware of the available business and investment opportunities opened up by policies such as the EU Chips Act and how to position themselves to make the most out of it, especially in Europe where digital technologies are seen as the core of economic growth," said Anielle Guedes, senior research analyst, IDC European Customer Insights & Analysis group.
Please Note: Extended description available upon request.
Table of Contents
14 Pages
- Executive Snapshot
- New Market Developments and Dynamics
- Policy Framework, Actors, Funding Structure, and Early Success
- Policy Framework and Institutional Actors
- Participants
- Funding Structure
- Global Investment Landscape and Early EU Chips Act Successes
- Implementation Challenges and Future Policy Developments
- Workforce Development, Capability Building, and Enhancing Intellectual Capital
- Securing All Industries' Supplies While Maintaining Fair Competition
- Transatlantic Competition May Tip the Scales: Why Collaboration is the Best Route
- Independent Downstream Supply Chain is Vital
- The Geographic Density Magnet: Why Europe Matters and the Potential Impacts for European Countries
- Geographic Density Magnet: Opportunity for European Semiconductor Manufacturing Countries
- Potential Extra Positive Economic Development Impacts on the Largest European Manufacturing Countries
- Widespread Economic Effects in Europe Due to the Common Market
- Job Generation Effect Even in an Extremely Automated Context
- Advice for the Technology SupplierS
- Learn More
- Related Research
- Synopsis
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