Crumbs compared to the billions thrown about in US and Europe
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Announcing the program, Minister for Tech and the Digital Economy Paul Scully said in a statement:"Semiconductors are the bedrock of our modern economy and an increasingly integral part of our lives. These firms are building on Britain's research leadership to open doors to innovation and growth, while designing chips that could truly change the way we live our lives.
However, the £1.3 million funding for the program again raises the question of whether the UK government is serious about ensuring the success of the country's semiconductor industry, especially when compared with the billions being stumped up by other countries.in May, it said it would invest up to £200 million over the period 2023-25, growing to a total of £1 billion over the next decade.
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