UK chipmakers threaten to leave unless British government gets its act together

@ 2023/02/14
Brexit leads to exit

UK chipmakers are threatening to move their operations to the US or Europe unless the government pulls its finger out and announce a semiconductor strategy.

CEOs of several UK chip startups are frustrated that the UK government still needs to put forward a plan to fund the region's semiconductor industry.

Meanwhile, the US prepares to divvy up $52 billion in tax breaks and subsidies to domestic chipmakers and the European Commission puts the final touches on its €43 billion Chips bill.

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