Following the recent international crisis, the sudden negative supply shock of semiconductors severely damaged the production of Europe’s key industrial sectors, illustrating the strategic importance of semiconductors, with a real European action plan.

In this context of chips shortage, impacting European industries and citizens, the role, concept and objectives of ICOS are more strategic than ever! By the end of 2025 and based on the ICOS results, we will advise the European Commission on collaborative actions to be implemented with leading semiconductor countries, supported by an in-depth risk-benefit assessment.