The EU will allocate 4.8 billion euros for the production of microelectronics
Trying to increase the production capacity of the modern European microelectronics industry, the European Commission on Wednesday proposed to send 4.8 billion euros for research and development of innovative partnerships with the private sector and the European Union. In the Commission's hope that the public-private partnership in the framework of the Joint Technology Initiative (JTI) will overcome the fall of the global share of the EU in the field of electronic components.
Earlier, European Commissioner for Digital Development Neelie Kroes said that European production volumes of chips should double by 2020 and around USA. To achieve this, Europe will have to annually increase rates by about 20%. In order to achieve this, countries will have to develop the work of the unit in areas such as embedded solutions, materials and design of complex electronic systems. Kroes said that the projects under which the money will be allocated, will be selected on a competitive basis by considering the different expert groups.
By itself, the initiative JTI is designed for 10 years and will start in 2014. It will consist of three major subsystems: ARTEMIS (embedded / cyber-physical systems), AENEAS (nanoelectronics) and EPoSS (smart integrated systems). It is known that in the first initiative is planned to allocate 150 million euros as at least two pilot projects related to production. Kroes said today in the European microelectronics sector employs about 200,000 people, but Brussels is planning to at least double that, and in addition , to make the sector of microelectronics related to many other sectors.
Note that today the International Monetary Fund (IMF) said that the global economy is growing at a slower rate than expected. In this regard, the IMF adjusted its forecasts for this year and next downward. According to projections released Tuesday in this year the global economy will grow by 3.1 percent, and in 2014 - 3.8 percent. Both figures are reduced by 0.2 percent compared with the forecasts published in April. 's quarterly review of the world economy, the IMF notes that the decrease is caused by weather are not particularly encouraging indicators for developing countries such as China and Brazil, the deepening recession in the 17 member countries euro area and less-than-expected pace of U.S. economic growth.
At the same time, as the IMF, Japan's economic growth rate exceeded the expected performance. IMF believes that the global economy will improve, "but only gradually." The Fund notes that the increase in "volatility of the financial market "of higher interest rates and the exchange rates were affected, especially emerging markets. IMF notes that the major economic powers such as the United States, it is necessary to adopt policies to stimulate economic growth in the short term, At the same time, trying to reduce long-term debt. IMF Managing Director Christine Lagarde has subjected the United States criticized for being too dramatic and rapid reduction in public spending.
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