EU okays €8.1 billion worth of state aid for microelectronics R&D

The EU has given the green light for up to €8.1 billion in state aid to be ploughed into R&D linked to chip design and manufacture, with a particular focus on 5G and 6G communication, autonomous driving, AI and quantum computing.
The European Commission’s thumbs-up means that 14 countries will be permitted to put the money into 68 projects involving 56 companies – some of them big names in the telecoms industry as well as SMEs and start-ups – in the areas of microelect