The electronics sector is constantly innovating due to the hyper-competition between companies, and the short lifespan of the competitive advantage of each product/solution. New and/or improved technologies and electrical systems create financial opportunities to minimize tax burdens via grants and tax incentive .
Examples of areas where qualifying R&D activities could exist
- New or improved technologies, including biosensors, magneto-electronics, nanoelectronics, optics, molecular nanotechnology, plastic electronic circuits, and microelectromechanical systems.
- Electrical systems such as customized control systems that regulate the behaviour of other systems and devices using control loops.