innovation for industry
"Microelectronics can be found in almost all electronic devices we use every day – be it your phone, computer, washing machine, or your car. Innovation in microelectronics can help the whole of Europe leap ahead in innovation. That's why it makes sense for European governments to come together to support such important projects of common European interest, if the market alone would not take the risk. And it is why we have put special State aid rules in place to smooth the way. They enable risky and groundbreaking research and innovation to see the light of day, whilst ensuring that its benefits are shared widely and do not distort the level playing field in Europe. So that innovation supported by taxpayer money truly serves European citizens."
“Every connected device, every modern machine, all our digital services depend on microelectronic components that become smaller and faster with time. If we don't want to depend on others for such essential technology, for example for security or performance reasons, we have to be able to design and produce them ourselves. Today's decision is a result of enhanced cooperation and shared European vision.”
Full press release available here
CEA is a French government-funded technological research organisation in four main areas: low-carbon energies, defense and security, information technologies and health technologies. A prominent player in the European Research Area, it is involved in setting up collaborative projects with many partners around the world.