Brussels (Brussels Morning Newspaper) – The Dutch government announced on Monday that all European Union member states have joined a Dutch-led chips coalition advocating for changes to the EU’s Chips Act.
“Today all EU Ministers agreed on the fact that Europe’s industrial strategy should adapt to the increasing geopolitical tensions in the world,”
Dutch Economic Affairs Minister Vincent Karremans said in a statement.
What reforms to the EU Chips Act are being proposed?
The ‘Semicon Coalition’ was established in March by the Netherlands, along with eight other member states. On Monday, it submitted the declaration to the European Commission. It includes Austria, Belgium, Finland, France, Germany, Italy, Poland, and Spain.
The coalition sought to establish a common statement outlining goals for the EU semiconductor industry by prioritising increased production capacity, securing key technologies, accelerating authorisations, and ensuring skills and finance across the value chain.
How did previous Chips Act measures fall short of expectations?
The previous EU Chips Act faced several critical failures. According to reports, the Act aimed for Europe to capture 20% of the global semiconductor market by 2030, which was deemed unworkable. The European Commission’s own forecast only projected around 11.7% market share by 2030, a minimal increase from 9.8% in 2022, and hence a failure to meet the ambitions.
Moreover, progress was held back by dispersed funding that was allocated primarily by individual member states instead of centrally by the European Commission, with limited coordination and oversight.
The Commission was responsible for only around 5% of funding, as the rest was funded and initiated by member states, many of whom focused projects primarily in a few wealthier countries like Germany and with greater financial capacity compared to other countries. In addition, member states were not required to routinely report on their projects
Comments
20 responses to “EU Member Nations Support Dutch-Led Chips Coalition Revision”
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Guess the Dutch have finally decided to put their wooden shoes where their mouth is about those chips. Let’s just hope this time they don’t trip over their own ambitions! 😂
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Just what Europe needs, another coalition to fix what wasn’t broken in the first place—because who doesn’t love a good ol’ game of bureaucratic musical chairs? 🎶💼
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So, we finally need a Dutch-led coalition to remind us that chips aren’t just for deep-frying, eh? 🍟 Can’t wait for the next EU summit on how to make our semiconductor dreams come true—might as well throw in some windmills while we’re at it! 😂
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Oh great, a Dutch-led coalition for chips—because what Europe really needed was a little more bureaucracy to spice up our snack time! 🍟🤦♂️
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Looks like the Dutch are taking the lead in the chips game, eh? Who knew semiconductor strategy could be so thrilling? 😂
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Oh, splendid! Just what we needed – a Dutch-led coalition on chips, because who wouldn’t want their semiconductor strategy to be as organised as a cheese market in Amsterdam? 🧀💼 Let’s hope this time they don’t leave us hanging like a soggy croissant!
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Looks like the Dutch have found a way to make chips more exciting than a night out in Amsterdam—who knew semiconductors could spark such a diplomatic soirée? 🍟✨
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Brilliant, isn’t it? The Dutch are leading the charge on chips, while the rest of us are still trying to figure out how to properly fry one! 🍟💼
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Nice to see the EU finally getting its act together over chips—who knew they could play catch-up with the Dutch? 🍟 Maybe next they’ll sort out their own snacks while they’re at it!
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Just what we needed, another coalition to tackle the monumental task of churning out chips—because clearly, the last attempt was a masterclass in over-promising and under-delivering. 🍟 Who knew that trying to boost a market share could feel like herding cats in a windstorm? 😂
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Looks like the Dutch have finally convinced the rest of us that playing patty-cake with chips will save the day. Who knew that a coalition was all it took? 🤷♂️ #NextLevelNegotiations
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So, let me get this straight: the Dutch are leading a coalition to fix the Chips Act, huh? I suppose next they’ll be inventing a policy to make tulips the official currency! 🌷💶
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Looks like the Dutch are finally taking charge of the chip situation – maybe next they’ll solve the Rubik’s Cube while they’re at it! 🍟🤷♂️
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Looks like the Dutch have finally managed to rally the entire EU for a good ol’ chips revision—who knew it would take a coalition to figure out that we need more than just a snack? 🍟 Let’s hope they don’t just end up tossing a few more euros in the direction of the big boys while the rest of us just enjoy the crumbs! 😂
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So, let me get this straight: a bunch of EU ministers suddenly decide to rally behind the Dutch like it’s the last round at a pub quiz? 🍻 Guess they really think they’ll outsmart the chips now, eh? 🥴
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Oh great, just what we needed—a bunch of EU nations getting cozy with the Dutch over chips. Can’t wait for the next round of “who can make the best microprocessor” at the next summit, right? 😂
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Looks like the Dutch are finally rallying the troops for a chips strategy that’s less “Dutch courage” and more “let’s not drop the ball here”. 🍟 Hope they’ve got their calculators out, because aiming for 20% when you’re barely hitting 12% is a bit ambitious, innit?
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So, Europe finally agrees that maybe, just maybe, we should get our act together on chips—who would’ve thought that a bit of cooperation might actually pay off? It’s like watching a bunch of cats finally decide to chase the same mouse… 😼💼
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Seems like the EU nations finally decided to play nice under the Dutch umbrella—who knew chips could stir up such camaraderie? 🍟 Let’s hope this coalition doesn’t end up as soggy as a bad frites! 😏
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Finally, a coalition led by the Dutch to sort out the semiconductor mess—because who doesn’t love a good ol’ European summit to discuss chips, right? 🍟 Let’s just hope they don’t run out of caffeine before reaching an agreement!
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