EU Commission Senior Vice President Margrethe Vestager made evaluations about the Union's competition policy and public support at a press conference in Brussels.
Reminding that microchips are on the agenda due to the shortage experienced recently, Vestager said, "The global chip shortage has revealed the importance of this industry in a wide spectrum of the European economy, from automotive to consumer electronics." he said.
Recalling that the chip industry is a very difficult and concentrated market to enter, Vestager said, "The Commission will consider approving the supports to be provided to fill the possible funding gap in the semiconductor ecosystem of the facilities in Europe, in particular." used the phrase.
Reminding that the EU does not have a special public support regulation regarding chips, Vestager explained that the said evaluations will be made in accordance with the EU legislation.
Vestager stressed the importance of public support to the chip industry being necessary, appropriate and proportionate.
Pointing out that the support to be provided should benefit the European economy widely and indiscriminately, Vestager said, "Every case regarding the supply of semiconductors will be carefully evaluated." made its assessment.
Vestager said that one should not rely on a single country or company in chip production, their aim is to build a durable chip supply chain and to diversify production with like-minded partners.
The authority of EU member states to determine how they will provide public support falls within the scope of the EU Commission.
Member states can only use public subsidies in a way that does not harm competition and in situations suitable for the public interest.
European countries lag far behind the USA and China in critical technologies such as chips.
Especially with the new type of coronavirus (Kovid-19), automobile factories stopped production due to the lack of technological materials such as chips and semiconductors in Europe.
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