FRANKFURT (Reuters) – Europe’s semiconductor industry is requesting more help from the European Union as it seeks to build on a tentative revival, embrace technologies such as artificial intelligence and ride out trade wars that threaten global supply chains.
A 20-page report submitted to Mariya Gabriel, the EU digital affairs commissioner, requests that a research and development program launched in 2014 be doubled to 10 billion euros ($11.7 billion) in the bloc’s next seven-year budget period.
The report, reviewed by Reuters, also calls for a program allowing state support for investment projects of strategic importance to be extended beyond 2020.
