BRUSSELS, Belgium — July 30 , 2024 — SEMI, the industry association serving the global electronics design and manufacturing supply chain, today published recommendations to advance the European semiconductor industry in response to the European Economic Security Strategy . The European Commission has outlined the non-binding roadmap to monitor outward investment transactions with the ultimate goal of preventing technology and know-how leakage in four critical technology areas tied to advanced semiconductor technologies.
The SEMI Europe Recommendations on Outbound Investments outline the association’s position and strongly encourage all policymakers involved to carefully consider the following key recommendations:
- Ensure that European semiconductor companies are as free as possible in their investment decisions to avoid losing their agility and relevance across global markets.
- Adopt a pragmatic risk-based approach to comprehensively assess which outbound transactions related to advanced semiconductor technologies could result in technology leakage for dual-use purposes.
- Provide further clarification on how any potential measures would affect intra-company investments and relations with non-EU subsidiaries, given the international exposure of semiconductor companies.
- Develop an approach to outbound investments that effectively contributes to greater economic security through close consultations between European institutions, Member States , and all relevant industry stakeholders.
- Maximize the synergies and positive feedback effects that the semiconductor supply chain has in increasing competition, cross-border investments and transnational collaboration.
The recommendations emphasize the need for the European Commission to adopt a positive approach to economic security that recognizes the crucial role of cross-border investments for the functioning and prosperity of the European semiconductor industry, in order to guarantee its companies have a high level of agility and market access at the global level.
“Within our industrial ecosystem, outbound investments are regarded by the vast majority of SEMI members as essential to scale production, expand capabilities, access emerging markets, and engage in innovative partnerships,” said Laith Altimime, President of SEMI Europe, underlining the crucial role of cross-border investments for the European semiconductor industry.
SEMI will continue to engage with relevant stakeholders to contribute to the political debate and encourage a legislative framework that can enhance economic security across industrial supply chains while preserving Europe’s technological competitiveness.
Visit SEMI Global Advocacy to learn more about its public policy efforts and developments, and SEMI Workforce Development for information on its work to address the microelectronics industry’s talent needs.
Europe Advocacy
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About SEMI
SEMI®is the global industry association connecting over 3,000 member companies and 1.5 million professionals worldwide across the semiconductor and electronics design and manufacturing supply chain. We accelerate member collaboration on solutions to top industry challenges through Advocacy, Workforce Development, Sustainability, Supply Chain Management and other programs. Our SEMICON ® expositions and events, technology communities, standards and market intelligence help advance our members’ business growth and innovations in design, devices, equipment, materials, services and software, enabling smarter, faster, more secure electronics. Visit www.semi.org, contact a regional office, and connect with SEMI on LinkedIn and X to learn more.
Contact Information:
Stefano Orlando/SEMI Europe
Phone: +32 488 93 39 88
Email: [email protected]
Sitong He / SEMI Europe
Phone: +49 151 5546 2638
Email: [email protected]
Samer Bahou / SEMI HQ
Phone: +1 408 943 7870
Email: [email protected]
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