The Ministry of Economics is ready to take responsibility for the further progress of the ambitious project, which envisages the establishment of a microchip competence centre, design and testing laboratory at Riga Technical University (RTU), and for finding the necessary source of funding - either in the form of reallocation of EU funds or state budget investments.

The requirement for a centre of excellence for chips in each Member State is laid down in the EU's Microchip Act, adopted last September, the main aim of which is to ensure the EU's sovereignty and largely self-sufficiency in the semiconductor market. RTU, in cooperation with the Institute of Electronics and Computer Science and the Institute of Solid State Physics UL, has now taken the lead in coordinating the semiconductor ecosystem, has made the necessary preparations and has entered into cooperation negotiations with leading European and global players in this field.

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