The European Union has approved a total of €8.1 billion in general support for joint microelectronics and communications projects for 56 companies in 14 member states, mostly Germany.
The European Union Commission has announced, within the scope of the Union’s General Support Rules, the approval of new projects that will help in the research, innovation and installation of microelectronics and communication technologies.
In the statement, he stated that “important projects of common European interest” were jointly prepared by Austria, Czechia, Finland, France, Germany, Greece, Ireland, Italy, Malta, the Netherlands, Poland, Romania, Slovakia and Spain, adding that the total technological projects These countries have 8.1% billion euros in public financing.
The statement, which indicated that 56 companies will implement 68 different projects, indicated that in addition to the public support that will be provided, it is expected that 13.7 billion euros will be withdrawn from the private sector for projects.
And it was indicated in the statement that the projects will produce new communications and microelectronics solutions, develop electronic systems and energy-efficient and energy-saving production methods, which will contribute to digital and green transformation.
Noting that the projects will contribute to technological progress in areas such as 5G, 6G, self-driving, artificial intelligence and quantum computing, he stated that the first new products within the scope of the projects will be launched in 2025, and all projects. It is expected to be completed by 2032.
Among the project participants are such large companies as Airbus, ASML, Bosch, Ericsson, Nokia, Renault and Valeo.
In a statement on the matter, the German Ministry of Economics also said that after approval by the EU Commission of the New Technologies Support Plan, nearly 4 billion euros will be made available for projects in the country’s 31 microelectronics regions.
The power of EU member states to determine how public support is provided lies within the scope of the European Union Commission.
Member states can only use public subsidies in a way that does not harm competition and in cases where it is in the public interest, with the consent of the European Union.
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