On 19 May 2023, the UK Department for Science, Innovation and
Technology published the National Semiconductor Strategy, setting out
the UK's 20-year vision to grow deep foundations in
semiconductor technology, while also bolstering the UK's
national security and resilience in an industry that has suffered
supply chain issues and geopolitical tensions.
Below we examine some of the key aspects of the strategy and
their implications on the semiconductor sector.
1. Growing the domestic sector
The strategy recognises the importance of semiconductor
technology to the growth of the UK economy and sets out several
ambitious initiatives to achieve growth in the industry, including
investments of up to £1 billion over the next decade,
increased support for new semiconductor startups through a
dedicated incubator programme, and development of training,
research and education in semiconductor-related fields.
