New £1 billion strategy for UK's semiconductor sector
author: gerenael
2023-07-27
A new 20-year plan to secure the world-leading strengths of the UK’s semiconductor industry has today (Friday 19 May) been unveiled by the government.
But inside the vast space is being transformed into a sophisticated hub for the manufacturing of computer chips.
Pragmatic Semiconductor has already built one production line, which the industry likes to call fabrication lines, or fab lines.
Sealed off in its own large room, the production line has all the expensive machinery needed to make the computer chips, and the air inside is carefully controlled to avoid any contamination during production.
Pragmatic has the money to build another such production line, and funding of £182m ($230m) announced late last year will fund production lines three and four.
As well as from private investors, Pragmatic secured funding from the government-backed UK Infrastructure Bank and British Patient Capital, a subsidiary of British Business Bank.
But the Cambridge-based company will need much more money to complete its plan to build eight production lines in the old pipe factory.
From phones and computers, to cars and washing machines, almost every product with an on-off switch relies on the production of computer chips, also known as semiconductors.
It is an industry that has seen a lot of turbulence over the last few years. There's been disruption to supply chains during the pandemic, and geopolitical tensions in Asia, where 90% of the world's most advanced chips originate.
Pragmatic extends EUROPRACTICE partnership to offer full-wafer FlexIC production for academia
