The British government is currently planning to subsidize local semiconductor companies and achieve the goal of directly producing chips locally.
(Reuters file photo)
[Instant News/Comprehensive Report] According to foreign media intelligence, the British government is currently planning to subsidize local semiconductor companies and achieve the goal of directly producing chips locally.
Relevant funding includes providing funds for enterprises, expanding scale and providing new incentives, and may plan to establish a new agency to promote related infrastructure.
According to "Bloomberg" report, government insiders revealed that relevant plans include aiding start-ups, assisting existing companies to expand their scale, and providing incentives for private entrepreneurial funds and other assistance.
Expected to use taxpayer funds to support domestic semiconductor companies.
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The Department for Digital, Culture, Media and Sport (DCMS) of the United Kingdom stated that the goal of the relevant strategy is to bring into play the strength of local chip companies and support the country's employment problems, and also to ensure that the United Kingdom has a reliable semiconductor supply source.
However, a British government spokesman declined to comment when asked about the news, saying that the authorities would soon publish a semiconductor strategy.
The British government said in December last year that the UK was studying ways to expand its domestic chip industry, and it may plan to set up a new agency to promote related infrastructure.
Last year, Taiwan’s exports of integrated circuit chips increased for seven consecutive years, which further consolidated Taiwan’s economic leadership in the global semiconductor industry. Barclays Bank economist Bum Ki Son analyzed: “Taiwan is irreplaceable in the semiconductor industry in the short term. "Even if other countries, such as the United States, step up their efforts to produce chips, it will not immediately diminish Taiwan's importance.
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