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The Independent UK
The Independent UK
National
Patrick Daly

Semiconductor industry given £1bn boost in plan to reduce reliance on China

PA Archive

The UK’s semiconductor industry will receive £1 billion in investment over the next decade as ministers look to ensure the country is not reliant on China for technology advancements.

Prime Minister Rishi Sunak said the funding, forming part of the national semiconductor strategy, would help “build our competitive edge on the global stage”.

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