Skip to content
Sunday 9 August 2026London --:--Frankfurt --:--Zurich --:--
NewslettersSearchEN · DE
MorningWire

European business, markets and politics

FTSE 100
10,901.09
+0.31%
DAX
26,319.45
+0.69%
CAC 40
8,714.93
+0.17%
STOXX 50
6,523.86
+0.33%
  • Europe
  • Markets
  • Business
  • Economy
  • Technology
  • Politics
  • Opinion
More
GermanyFranceBankingAIEnergyFintechPropertyCapital Markets
  • Germany
  • France
  • Europe
  • Markets
  • Business
  • Economy
  • Technology
  • Politics
  • Opinion
  • DE
Wednesday 05 July 2023 4:10 pm

Government lags on ‘disappointing’ semiconductor strategy already as advisory panel still not announced

By: Jess Jones

TMT Reporter

Add as a preferred source on Google

The government’s Semiconductor Advisory Panel (SAP) announcement is almost a month late, leaving chip experts questioning the effectiveness of the national semiconductor strategy.

In the national semiconductor strategy, published in May, the government said it will “formally launch the advisory panel at London Tech Week in June 2023 as part of our drive to promote the sector as a cornerstone of the digital economy”.

It is now three weeks on from London Tech Week and there have been no updates.

“We should all ask ourselves how we ought to regard government pledges, given this lack of delivery at an early hurdle,” said Dr Simon Thomas, co-founder and CEO of graphene-based semiconductor company Paragraf.

“The government’s semiconductor strategy has thus far done little for scaling UK semiconductor manufacturing businesses other than deliver promises of what we ought to wait for, the first of which was the UK government Semiconductor Advisory Panel,” he said.

Thomas emphasised that the issue at hand is not financial support, but rather attracting and retaining talent, developing infrastructure, ensuring competitive utilities and protecting domestic core intellectual property.

It is about “not combating – but harmonising – with the strategies some of our most vital trading nations have put forward in advance of Westminster’s disappointing contribution”, Thomas said, adding that the dialogue coming from other nations is “grossly dwarfing” the UK’s.

Earlier this week, Paragraf outlined a ‘seven-point plan for semiconductor success’, the crux of which highlighted how delivery and policy – not monetary – concerns are key to the UK’s triumph in the chip sector.

Read more

Presidio Investors Announces Sale of ElevATE Semiconductor to Diodes Incorporated

Andrew Thompson, partner at leading intellectual property law firm EIP, said “despite the huge build up to the strategy, and the prominent launch, the industry doesn’t really know what it means yet.”

He explained that key initiatives lack detail or have been deferred, such as the Infrastructure Initiative, which is currently in a consultation phase until autumn.

One of the main aims of the Infrastructure Initiative is to improve access for companies to design and test semiconductor chips effectively.

“The industry is really still in ‘wait-and-see’ mode, until the government offers more on implementation,” Thompson added.

In May, the Department for Science, Innovation and Technology (DSIT) published the long-awaited national semiconductor strategy, which sets out the UK’s 20-year vision to grow the industry, while increasing the UK’s self-sufficiency and national security.

The government also pledged £200m of funding to the chip sector over the next two years.

DSIT were approached for comment.

Read more

Gradiant Supports Landmark Semiconductor Manufacturing Expansion in Dresden

Share this article

  • Facebook
  • X
  • LinkedIn
  • WhatsApp
  • Email

Similarly tagged content:

Sections

  • News

Categories

  • Morning Wire Content
  • Tech

Related Topics

  • Semiconductor

Trending Articles

  • Thames Water faces fresh threat to survival after pensions regulation breach

  • PwC’s Embankment HQ to get major makeover ahead of Canary Wharf move

  • Family feud: London estate agent Winkworth sues chair over plot with wife to oust son from board

  • As it happened: Stocks rise despite new tensions in Strait of Hormuz; Oil price climbs

  • A tribute to wine legend Matthew Jukes by his friend Libby Brodie

More from Morning Wire

  • Presidio Investors Announces Sale of ElevATE Semiconductor to Diodes Incorporated

    Business Wire
  • Gradiant Supports Landmark Semiconductor Manufacturing Expansion in Dresden

    Business Wire
  • CG Semi Commences Commercial Production at Its G1 OSAT Facility in Sanand, Gujarat

    Business Wire
  • ‘Nasty’ chip stock rout plunges Nasdaq into correction territory

    Markets
    Stock trader with headset and tablet monitors market data, reflecting Nasdaq, NYSE correction concerns.
  • TetraMem and SK hynix Showcase Successful Technology Collaboration Advancing Memory-Centric AI Computing

    Business Wire
  • Mach42 Completes £7M Funding Round, Led by IP Group With Investment From BGF and Foresight Group

    Business Wire
  • Fresh tech sell-off fears as investor chip frenzy cools

    Markets
    Private Credit
  • Darktrace says Anthropic was right to pause Mythos on ‘security and safety’ grounds

    Tech
    Dario Amodei, CEO of Anthropic, speaking at a tech conference podium, wearing a suit and addressing the audience.
MorningWire

Independent European business, markets and political news for decision-makers.

Morning Briefing

Europe

  • Germany
  • France
  • Europe
  • UK & Ireland

Business

  • Markets
  • Banking
  • Technology
  • Energy
  • Property
  • Fintech

Editorial

  • Opinion
  • Editorial Policy
  • Corrections
  • Contact

Company

  • About Morning Wire
  • Privacy Policy
  • Terms of Use
  • Cookie Policy
© 2026 Morning Wire Ltd · Published by Morning Wire Media, Bahnhofstrasse 65, 8001 Zürich, Switzerland
Privacy · Terms · Cookies · Facebook