The European Commission has announced a strategy to support R&D and innovation in micro and nano-electronics.
The strategy, launched on 23 May in Brussels, aims to coordinate public spending by promoting collaborations between member states. As part of the plan, member states will be expected to contribute 70 per cent of the funds for the initiative. The strategy focuses on producing computer chips more quickly and cheaply and on designing chips that work faster.
“Together the Commission, member states and regions should be able to channel more than €5 billion into research, development and innovation in [electronics] over the next seven years,” said European commissioner for the digital agenda Neelie Kroes. “From communications to healthcare, energy to transport, every sector of our economy and every challenge of our society can use and benefit from electronic innovations.”