EU and European electronics industry stabbing 5 billion in stimulus




The European Commission is a public-private partnership aiming the European electronics industry to give. A boost The so-called Ecsel program, in which 5 billion will be pumped must eventually yield 250,000 jobs.

Ecsel, which stands for electronic components and systems for European leadership, will from getting 1.18 billion euros, the EU’s Horizon 2020, a research and innovation. European companies will in turn contribute 2.34 billion in the program, while the 26 Member States, an amount of 1.17 billion dollars make up the difference.

In addition to the EU and various electronics companies also do universities and research institutes participating in the Ecsel program. The objective is to create 250,000 new jobs by 2020 in the European electronics industry and 100 billion in new private investment. This should further strengthen European competitiveness in the long term.

The EU argues that European countries are already doing well, particularly in the automotive and energy sectors, as well as life sciences and healthcare. A number of participants in the program Ecsel also see particular opportunities in the development of the semiconductor industry. This ambition was in May last year, also expressed by European Commissioner Neelie Kroes on ICT matters.

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