Sweden’s call for a unified European strategy
The upcoming iteration of the EU Chips Act (Chips Act 2.0) is recognized as a pivotal opportunity to consolidate Europe’s role in global semiconductor value chains. While the original EU Chips Act (2023) established an important foundation by mobilizing public and private investments, rapid technological evolution, increasing geopolitical developments, and industrial interdependence require a more integrated and forward-looking strategy.
Svensk Elektronik, representing Sweden’s advanced electronics and semiconductor sector and host of Semicon Sweden, stresses that successful implementation requires clear industrial alignment. Policy should be firmly anchored in the operational realities of European industries and market demands. Sweden is actively involved in this strategic discussion, evidenced by its participation in the European Semiconductor Coalition and the signing of the Semiconductor Coalition Declaration. Sweden’s vision is to serve as a strategic innovation hub within the European semiconductor value chain, combining technological excellence, sustainability, and industrial competitiveness.
Nine key priorities for EU Chips Act 2.0
To bridge the gap between world-class European research and commercial execution, the position paper identifies nine primary recommendations:
- Align policy measures with industrial and end-market realities.
- To strengthen Europe’s position in global semiconductor value chains.
- Integrate research and innovation with industrialization.
- Improve financing instruments and establish a dedicated semiconductor budget.
- Develop a strategy for strategic electronics manufacturing in Europe.
- Build resilience to ensure stable semiconductor supply for critical sectors.
- Bridge the scale-up gap for European start-ups and SMEs.
- Focus on Europe’s strengths and opportunities in AI.
- Enable innovation across the entire electronics value chain – focusing on resilience.
Together, these recommendations form a roadmap for how Europe can transform its semiconductor ambition into industrial reality. By aligning policy with the operational strengths of its industries, Europe can foster a more resilient, competitive, and innovation-driven semiconductor ecosystem.