India, Nov. 5 -- The European Commission has formally granted the status of Integrated Production Facility (IPF) and Open EU Foundry (OEF) under the EU Chips Act to four semiconductor projects across the Union for the first time.

A close-up of a semiconductor manufacturing process with a robotic arm placing a small component onto a circuit board.

This marks a significant milestone in strengthening Europe's semiconductor manufacturing capacity, enhancing the resilience and security of supply of the Union's semiconductor ecosystem.

Under the new scheme, facilities designated as OEFs or IPFs will be granted priority administrative support, they will have their permit processes streamlined, and will have advanced access to pilot lines unde...