Chip design: Europe spends 525 million to come out of nothing
Less than 1% of global revenues from chip design: this is the weight of the Europeans. Brussels is releasing 525 million euros to try to turn the tide, with start-ups in the lead.
Less than 1% of global revenues from chip design: this is the weight of the Europeans. Brussels is releasing 525 million euros to try to turn the tide, with start-ups in the lead.
The European Commission launched its European chip design platform on November 4 in Brussels, presented as a centerpiece of the Chips Act. The envelope reaches 525 million euros, 285 million from the Union budget and 240 million provided by the participating States of the “Semiconductors” joint undertaking. In detail, 440 million will go in grants, the remaining 85 financing the cloud platform, support and open source design tools.
The counter is aimed at start-ups, SMEs and researchers in the sector. It pools access to design software, intellectual property blocks and manufacturing capacities, the most expensive items in the business. Beginners will be able to get up to 100,000 euros for a feasibility prototype, the most advanced up to 16 million euros to bring a chip to market. “The European Design Platform gives our chip start-ups and SMEs the support they need,” says Henna Virkkunen, Executive Vice-President of the Commission responsible for technological sovereignty.
Twenty start-ups are already following in-house support programs, and the European network of competence centers will guide the applications. The consortium at the helm is led by the Belgian institute imec, where the CEA would represent France, for a project which would last until the end of 2028.
European designers now account for less than 1% of global revenues in the segment, a figure put forward by the Commission itself. The European Court of Auditors judged the objective of 20% of the global chip market in 2030 to be “very improbable” in 2025, with the trajectory capping at 11.7%. Brussels has since put the work back into action with the Chips Act 2.0, proposed on June 3.
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- 01net8 Nov, 08:00Chip design: Europe spends 525 million to come out of nothing ↗Figures: 525 millions
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