Ease in semiconductor shortage helps car production increase by 8,000 as UK shipments to EU up 6.5 per cent On the road to recovery Car production has increased following an easing of a two-year long shortage of semiconductors, figures show. The number of cars built in UK factories reached 69,707 last month, over 8,000 more than the same month a year ago, said the Society of Motor Manufacturers and Traders (SMMT). The report noted an improvement in supply chain [...]
Scientists urge government to publish semiconductor strategy before it’s too late semiconductors The government must publish its semiconductor strategy, argue the Institute of Physics and the Royal Academy of Engineering.
Fishing for chips: Semiconductor industry demands UK strategy to attract investment SEMICONDUCTORS The UK is in danger of losing out on investment to rival markets without a semiconductor strategy, argues the co-founder of Pragmatic.
No layoffs for Arm as it expands UK workforce to meet rising chip demand February 14, 2023 Chip designer Arm has bucked the trend of tech companies cutting jobs, after it confirmed that it will grow its UK workforce in order to meet the rising demand for chips. The British firm plans to hire 500 new employees, with 350 of the roles spread across Cambridge, Manchester, Warwick, and Sheffield. In response to [...]
UK risks exodus of semiconductor firms without an industry strategy, MPs warn February 3, 2023 The government risks endangering the semiconductor industry unless it urgently publishes a strategy for the sector, warned a body of MPs.
Government must support semiconductor sector with funds to ward off overseas buyers, says Pragmatic boss January 31, 2023 It is cheaper to produce semiconductors “anywhere else in the world” compared to the UK, warned Pragmatic boss Scott White.
Samsung committed to investing in semiconductors despite crash in demand for consumer gadgets January 31, 2023 Samsung Electronics will continue investing in the production of computer chips, despite profits from sales of the computer component sinking to their lowest since 2009. The world’s largest chipmaker reported £178bn (270bn won) in fourth-quarter semiconductor earnings on Tuesday, down from 8.83 trillion won from the same period last year. Samsung said demand has significantly [...]
UK government gives millions to China-backed semiconductor firm in Lincoln January 22, 2023 A microchip maker whose owner has alleged links to China's military has reportedly been handed £3m in government support.
IQE shares slump nearly 20 per cent as it warns of falling semiconductor demand January 16, 2023 IQE shares dropped nearly 20 per cent today after the semiconductor wafer maker warned that demand is expected to fall in the new year because existing customers have already built up large stocks. In a pre-close trading update, IQE warned that destocking in the industry will “impact upon demand from existing customers” in the new [...]
Brit chip firm takeover by China risks “national security” warns influential Tory MP January 11, 2023 Grant Shapps has been urged to review the the takeover of fledgling semiconductor firm Flusso following its Chinese takeover.