Since 2022, France has had an “Électronique 2030” strategy to increase national production of electrical components by 90%, promoting research, innovation and training. This strategy is part of the broader European technological sovereignty framework.
In 2023, Europe adopted the European Chips Act (ECA), with a budget of €43 billion, to increase the production and resilience of the European semiconductor supply chain. This legal framework is accompanied by the Chips Joint Undertaking (Chips JU) to coordinate industrial R&D between member states. The various projects of the Chips JU are open to international cooperation.
Therefore, by choosing France for its international development, a Canadian company would enjoy an innovation-friendly environment, easier access to the European market, and numerous opportunities to cooperate with leading partners in the semiconductor industry.