The European Commission today launched a €5 billion public-private partnership - ECSEL - to boost Europe’s electronics design and manufacturing capabilities. This initiative is the core of the Electronics Strategy for Europe
to mobilise €100 billion in private investments and create 250,000 jobs
in Europe by 2020. At the same time, the Commission received the final
recommendations of the Electronics Leaders Group, CEOs from the largest
electronics companies in Europe, for the concrete and immediate
implementation of the strategy.
Vice-President of the European Commission @NeelieKroesEU said: "We
need to join up our efforts if we are to win back and defend a leading
position for Europe. I am happy that this partnership is now active - it
shows that the EU and Member States can work together quickly when
there is a clear case for action. The regulation to set it up was
approved in less than a year!"
Time to ECSEL
The EU will invest some €1.18
billion in the Electronic Components & Systems for European
Leadership (ECSEL) Joint Technology Initiative (JTI). ECSEL will help
industry launch new pilot projects and build on the €1.79 billion
already invested in existing pilot lines
and demonstrators. These projects bring together European
manufacturers, technology companies, chip designers, software
developers, researchers and universities at the early stages of product
and service development, bringing research closer to market.
read full article at European Commission
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