Publication
EU Chips Act: Risks and opportunities for businesses
On 18 April 2023, amid worldwide disruptions in the supply chain for the manufacture of semiconductors, the EU co-legislators reached an agreement on the text of the legislative proposal for the EU Chips Act. Similarly, to recent legislation in the United States and Japan, and a near-final legislative proposal in Taiwan , the Chips Act is intended to incentivize production of semiconductors in the EU and ensure security of supply. The Chips Act consists of three pillars.
