However, the U.K.'s £1 billion chip strategy focuses on chip design and compound semiconductors, while partnering with Japan for manufacturing.
The industry is divided on the effectiveness of these efforts.
LONDON DAILY ARCHIVE
The U.S. administration's efforts to cut China out of the global supply chain through export restrictions could backfire and harm the global chip industry, warns the CEO of Dutch equipment supplier ASML
There are also concerns that governments may distort already competitive markets through state aid and incentives.
14 June 2023 · 23:16 UTC
