TechUK reports that the UK government’s implementation of its National Semiconductor Strategy since its launch has been insufficient. While the strategy initially showed promise by incorporating key recommendations, decisive action is urgently needed. To build on its strengths in chip design, the UK must create incentives for investments in advanced designs and emerging technologies. The report highlights challenges faced by semiconductor startups in securing sizeable investments and calls for forming international partnerships to enhance innovation and investment in the sector, asserting the critical need for a robust investment ecosystem.
Despite having the world's third-largest tech sector, many UK semiconductor startups struggle to secure large-scale private investment, indicating a need for a dynamic investment ecosystem.
The UK has a unique opportunity to lead in the global semiconductor landscape, but success will require bold action and sustained commitment.
Collection
[
|
...
]