UK's $1.25 Billion Strategy for Semiconductor Industry Lacks Ambition, Say Critics

The UK government has announced an investment of up to $1.25 billion in the domestic semiconductor industry, but has been criticised for declining to join the spending race that has seen the US and EU announce significantly bigger programmes. From a report: Labour accused the government of lacking ambition in its announcement, while one UK startup said the 1bn pound figure was less than the cost of one basic semiconductor plant. The U's long-awaited national semiconductor strategy would focus on