UK earmarks £1 billion for chip R&D

The UK government plans to support the semiconductor industry with new funds and a partnership with Japan.
Unveiled late last week, the National Semiconductor Strategy will see £1 billion spent over the next decade to stimulate research and development, improve access to infrastructure, and facilitate greater international cooperation. The first £200 million will be allocated in 2023-2025.
The strategy – which follows on from the £539 million in research grants and £