https://techmonitor.ai/technology/silicon/uk-semiconductor-strategy-government-chip-supply-chain

UK chip industry figures have given cautious welcome to the government's long-awaited £1bn semiconductor strategy. But some believe it falls short in key areas, and will do little to protect supply of key components in the event of another global chip shortage.

The strategy, which has been two years in the making, was launched today. It details a £1bn finance package, delivered over ten years, which will back a range of measures designed to secure the UK’s advantage in this globally important sector and meet three key objectives: growing the domestic sector, mitigating the risk of supply chain disruptions and protecting national security.