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Britain needs a government that commits to a world-leading semiconductor strategy

UK semiconductor strategy

Pre-pandemic, the semiconductor industry was a largely unknown entity to the average person. In 2021, however, consumers started to ask questions as to why the price of second-hand cars was rocketing, and why it was becoming so challenging to get their hands on the latest PlayStation.

Whilst they vary in complexity and sophistication, what has become abundantly clear is that chips are at the crux of nearly every piece of technology that is used in our day-to-day modern lives.

They’re in our cars, refrigerators, phones and games consoles. It would not be an over-exaggeration to claim that they are absolutely crucial to the operations of our modern lives. A combination of booming demand for consumer technology and global supply chain disruption has adversely impacted supply, and the issue has become a matter of strategic importance for nation states all over the world....