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Home » European Commission offers €8.1 billion for semiconductor and communications

European Commission offers €8.1 billion for semiconductor and communications

June 13, 2023
in Financials, Legal / Regulatory, Start-ups
A A

The European Commission will provide up to €8.1 billion to advance research in the field of Microelectronics, including communication technologies (IPCEI ME/CT).  The initiative involves 68 projects from 56 companies, that form part of the wider IPCEI ME/CT ecosystem involving over 30 associated participants.

The overall objective is to enable the digital and green transformation by: (i) creating innovative microelectronics and communication solutions, and (ii) developing energy-efficient and resource-saving electronics systems and manufacturing methods. 

The projects aim to contribute to the technological advancement of many sectors, including communications (5G and 6G), autonomous driving, artificial intelligence and quantum computing. 

The public funding is expected to unlock additional €13.7 billion in private investments

Source: European Commission
Tags: Europa
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