Chips-Act initiative in EU and Latvia

Semiconductors are key components in digital devices and are crucial for overall digital development, from smartphones and cars, to health and energy sectors.

Thanks to efforts from the European Union, coupled with the current global market size of close to a trillion dollars, there is an expected necessity for thousands of semiconductor industry components. This provides a substantial business opportunity for qualified suppliers.

We aim to highlight such opportunities and engage businesses in developing relevant niches within the semiconductor industry.

Latest development in Latvia

• The Semiconductor Industry in Latvia: An Opportunity too Big to Miss
• The Minister of Economy promises support for the establishment of an ambitious microchip laboratory at Riga Technical University. (LV)
• Latvia hopes to develop semiconductor capability and sings a Memorandum. (ENG)

Useful information

Analysis of impact of the Chips Act from thinktanks

News about the semiconductor industry

Informative video content