-
- News
- Books
Featured Books
- smt007 Magazine
Latest Issues
Current IssueSolder Printing
In this issue, we turn a discerning eye to solder paste printing. As apertures shrink, and the requirement for multiple thicknesses of paste on the same board becomes more commonplace, consistently and accurately applying paste becomes ever more challenging.
A Culture of Thriving
One cannot simply command thriving; it must be nurtured, developed, and encouraged. In this issue, we explore strategies to improve your working relationship model—both internally and externally. In this culture of thriving, your business will grow in the process.
Certifications
Certifications have historically been seen as a cost of doing business, but how do we turn them into a positive ROI and a value to both customer and vendor?
- Articles
- Columns
Search Console
- Links
- Events
||| MENU - smt007 Magazine
SEMI Publishes Recommendations on Outbound Investments in Response to European Economic Security Strategy
July 31, 2024 | SEMIEstimated reading time: 1 minute
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.
Suggested Items
The Government Circuit: News on Defense Electronics, Europe, and Sustainability
09/17/2024 | Chris Mitchell -- Column: The Government CircuitSeptember in the United States is the season for back-to-school and football. In the arena of government policy advocacy, it’s the season for election campaigning and wrapping up the work of the current session of Congress. This month, there will be a flurry of efforts in Congress by legislators to complete action on “must-do” legislation, especially spending plans for FY25, which begins Oct. 1. In October, there will be a recess for the home stretch of the campaign; in November and December, there will be one more round of policy action by the “lame duck” office holders before the new U.S. government takes office in January. Now is the time for us to try and get those ducks in a row.
American Standard Circuits to Exhibit at European Microwave Week 2024
09/09/2024 | American Standard CircuitsAnaya Vardya, President and CEO of American Standard Circuits announced that his company will be exhibiting at European Microwave Week 2024 to be held at the Paris Convention Center in Paris, France from September 22 through September 27, 2024.
ESMC Breaks Ground on Dresden Fab
08/20/2024 | TSMCESMC – a joint venture between TSMC, Robert Bosch GmbH, Infineon Technologies AG and NXP Semiconductors N.V. –held a groundbreaking ceremony to officially mark the initial phase of land preparation for its first semiconductor fab in Dresden, Germany.
MilDef to Deliver Rugged Displays to European Military Vehicle Manufacturer
08/14/2024 | CisionVia the acquisition of certain assets of Advanced Vision Technologies Ltd (AVT), MilDef has now been entrusted to deliver intelligent and rugged displays to key European land vehicle programmes.
NSPA awards RTX's Raytheon a $478 million Patriot GEM-T missile contract
08/06/2024 | RTXRaytheon, an RTX (NYSE: RTX) business, was awarded a $478 million contract from the NATO Support and Procurement Agency (NSPA) to supply additional GEM-T missiles to Germany. This contract supports the replenishment of Patriot missiles donated by Germany to Ukraine. Showing their strong support for Ukraine, Denmark, the Netherlands and Norway have agreed to participate in the financing of this procurement.