Business ECSEL to invest €4.8bn in EU electronics

Business ECSEL to invest €4.8bn in EU electronics

2013/08/08

Following the EU10/100/20 microelectronics funding programme  the French government’s $3.5 billion Nano2017 initiative, the EC has now announced a new funding instrument for nanoelectronics, ECSEL, with a total budget of € 4.8 billion.

ECSEL combines EU, national and private investments into electronic components and systems research and manufacturing in Europe.

ECSEL’s estimated budget is € 4,8 billion over the period 2014-2020: the EU and Member States will each contribute € 1,2 billion, with industry contributing at least half of the remaining € 2,4 billion. ECSEL will be launched in early 2014.

ECSEL is  a merger of the existing ENIAC (nanoelectronics) and ARTEMIS (embedded systems) joint technology initiatives, which together during the period 2008-2012 have funded over 100 projects worth in excess of € 2,8 million. These projects brought together 2000 partners, 40 percent of which were small and medium-sized companies.

The 10/100/20 strategy pledges € 10 billion public/private investment in research and manufacturing over the next 7 years, with the aim of Europe holding 20 percent of the global chip production market by 2020.

The European semiconductor manufacturing industry committed € 100 billion investment to support the strategy.

Five pilot lines, worth over € 700 million, have been launched.

Nano2017 is a  public/private research & development strategy for the period 2013-2017.  € 3,5 billion will be invested in research and manufacturing in the Grenoble area.

Public authorities will cover almost one third of the bill: € 600 million financing from the national government, € 400 million from the EU and € 100 million from local authorities.

The program is led by STMicroelectronics and includes CEA-Leti, IBM and around 100 small and medium-sized companies from across the supply chain. STMicroelectronics alone will invest € 1,3 billion to double the production capacity of its 300mm fab in Crolles to around 7 000 silicon wafers a week.

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