South Wales Emerges as a Key Hub for UK Semiconductor Industry Growth
The UK Government's industrial strategy emphasizes the critical role of semiconductors in eight key growth sectors. South Wales hosts the world's first compound semiconductor cluster, featuring a fully integrated supply chain and significant investments in facilities and R&D. With £850 million invested in infrastructure and a £1 million Supply Chain Development Programme, the cluster is generating a GVA of £150,061 per employee, significantly above the UK manufacturing average. Rapid growth and strong global interest underscore its potential to drive the UK economy.
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The UK Government's industrial strategy highlights semiconductors as essential for the success of eight growth sectors. South Wales is home to the world's first compound semiconductor cluster, which includes a fully integrated supply chain and significant investments totaling £850 million in facilities.
A £1 million Supply Chain Development Programme is enhancing local supply capabilities. The cluster boasts a GVA of £150,061 per employee, outperforming the UK manufacturing average. With strong global investments from companies like Vishay and KLA, South Wales is poised to contribute significantly to the UK's economic growth and industrial ambitions.
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