There has been a lot of press about the 2022 CHIPS and Science Act, which was designed to revitalize the US semiconductor industry. Not surprisingly, other parts of the world also want to fund domestic semiconductor production. Demonstrating that global objective, we learn more about the European Chips Act on this episode. Europe recognized the strategic importance of the semiconductor industry and its supply chain resilience.
Elizabeth and Nathaniel spoke with Aida Kaloci from Cresco, a Belgian-based business law firm, to learn more about how the EU version differs from the US version. Aida explained how funds are mobilized, the impact on environmental reviews, and how state aid can be used for production facilities. Aida also shared European IP strategies for protecting chip designs.
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