Salem Radio Network News Tuesday, June 6, 2023


Britain unveils $1.2B strategy to boost computer chip industry


( ) -q-27- UNDATED (Correspondent Jeremy House) “Britain’s national security.”

Britain’s government has unveiled its long-awaited semiconductor strategy.

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TAG: Correspondent Jeremy House reporting. The amount is dwarfed by the U.S. Chips Act and the European Union’s chip program, which are offering tens of billions.

VERBATIM: The U-K is catching up with similar efforts by Western allies seeking to reduce reliance on Asian production of the computer chips in everything from smartphones to washing machines. Under the British plan, the country’s semiconductor industry will get up to $1.2 billion in government investment over the next decade. The strategy is aimed at boosting the domestic chip industry, as well as alleviating supply chain disruption and protecting Britain’s national security.

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