The European Commission has launched a pilot project known as the Semiconductor Alert System intended to monitor the semiconductor supply chain and warn of potential problems.
The Semiconductor Alert System is included under the third pillar of the European Chips Act, which aims to strengthen the preparedness and monitoring of the European semiconductor field in close collaboration with all stakeholders.
The system allows companies and customers to raise awareness of any critical disruption along the semiconductors‘ value chain. It is designed to help the Commission gather information and establish a precise assessment of risks so it can react quickly to any potential crisis situation via the European Semiconductor Expert Group (ESEG).
The ESEG, which comprises public authorities from member states, provides advice and assistance to the Commission in the implementation of the regulation. Once the EU Chips Act is implemented, the ESEG will be replaced by the European Semiconductor Board, composed of representatives from the Member States and chaired by the Commission.
The EU Chips Act aims to bolster Europe‘s competitiveness, security of supply and resilience in semiconductor technologies and applications. The legislation includes a coordination mechanism between the Member States and the Commission for strengthening collaboration with and across Member States, monitoring the supply of semiconductors, anticipating shortages, and, if necessary, triggering the activation of a crisis stage.
Any EU-based organisation that is affected by the shortage of semiconductor chips can now alert the Commission by filling out an online form here.
