EU Forming Semicon Coalition to Boost Semiconductor Sector Amid Concerns Over Health Risks and Pollution Limits
28m ago
Chips Sector Linked to Cancer; Global Sales Hit $628 Billion; Regulators Enforce Pollution Limits
- The semiconductor sector is a major source of chemicals linked to cancer and other health problems.1
- Global chip sales reached $628 billion last year, with forecasts indicating double-digit growth in 2025.1
- Regulators in the US and Europe are beginning to enforce pollution limits for municipal water supplies due to the impacts of 'forever chemicals'.1
- A wave of startups is emerging to offer solutions that can destroy forever chemicals rather than removing them from the supply chain.1
- The semiconductor sector is linked to health issues, with global sales hitting $628 billion and new regulations emerging.
10h ago
Background
- Nine EU countries, including Belgium, Germany, Finland, France, Italy, the Netherlands, Austria, Poland, and Spain, are forming the Semicon Coalition to strengthen Europe's semiconductor industry.1
- The coalition aims to increase production capacity, secure more funding, and enhance talent development in the semiconductor sector.1
- Dirk Beljaarts, the Dutch Minister overseeing Economic Affairs, initiated the coalition, emphasizing the need for intensified cooperation among European countries and industry players.2
- The Semicon Coalition will work alongside the Chips Act to make Europe more attractive for semiconductor manufacturing.1
- Nine EU countries, including Belgium, Germany, Finland, France, Italy, the Netherlands, Austria, Poland, and Spain, are forming the Semicon Coalition to strengthen Europe's semiconductor industry.
- The coalition aims to increase production capacity, secure more funding, and enhance talent development in the semiconductor sector.
- Dirk Beljaarts, the Dutch Minister overseeing Economic Affairs, initiated the coalition, emphasizing the need for intensified cooperation among European countries and industry players.
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