Compound Semiconductor Cluster Drives Economic Growth in South Wales
The compound semiconductor cluster in South Wales contributes £436 million GVA and supports 3,140 jobs. The sector aims for £1 billion in revenue and 6,000 jobs by 2030, reflecting significant growth potential in the semiconductor industry.
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In 2025, the compound semiconductor cluster in South Wales recorded £436 million in gross value added (GVA) and supported 3,140 jobs. This reflects a 14% increase in total employment from 2,748 in 2024, with direct jobs at 1,914 and an additional 1,226 jobs through wider economic impacts.
Since 2020, the cluster's employment has risen by 51%, while GVA has surged by 153%. Exports reached £480 million, making up over 90% of industrial output. The cluster aims to achieve £1 billion in revenue and 6,000 jobs by 2030, supported by initiatives like the Local Innovation Partnership Fund. The growth of this sector may mitigate challenges faced by other manufacturing areas in the UK.
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