A semiconductor strategy to ensure security of supply chains for
chips must be published urgently or risk the development of the
UK’s semiconductor industry, MPs on the Business, Energy and
Industrial Strategy Committee have said.
Publishing the Government’s response to its stock take of the UK’s
semiconductor industry published in November, the
Committee expressed its disappointment that its
recommendations had not been fully addressed. The
November report’s key recommendations included better
co-operation with allies to safeguard supply and
to secure inward investment. The Committee
also cast doubt on whether Government support for the
industry was sufficient to have any meaningful effect.
The Committee has called for a full response to its report when a
strategy is published.
Committee Chair said, “It’s a poor excuse for
the Government to hide behind its failure to publish a
semiconductor strategy for not responding to our practical
recommendations fully.
Countries across the globe have grasped the importance of
securing semiconductor supply chains for their futures, why
haven’t we? While others race ahead, ploughing billions into
setting up fabs or industry support, we’re not even at the
starting line.
Two-years in the making but still no strategy. Further delay
would be an act of national self-harm. With 40 days until the
budget, the strategy must be published urgently so that
sufficient funds can be put behind it and used effectively.”