Image: UK Government [CC BY-NC-ND 2.0], via Flickr
Semiconductor strategy promises £1 billion for sector amid global chip shortage
The government has pledged to work “in lockstep” with academia and industry to make the UK a world-leader in semiconductor technologies over the next 20 years.
In its new National Semiconductor Strategy, published on 19 May, the government unveiled plans to invest £1bn in the next decade, including £200m over the years 2023-25, to support the sector, which is grappling with a global supply chain crisis.
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