UK facing a losing battle in semiconductor growth unless the government acts now

Posted on 14 Apr 2023 by The Manufacturer

The UK government’s long awaited Semiconductor Strategy provides an opportunity to lay out a blueprint to grow this critically important sector that underpins virtually every modern industry.

However, unless it includes a robust plan that includes incentives for capital expenditure, meaningful investment in UK semiconductor companies and drives home-grown revenue opportunities through the targeted use of public procurement, the UK doesn’t stand a chance. When the government laid out its ambition to become a science and technology superpower by 2030, it was…

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