Source · Select Committees · Business and Trade Committee
Recommendation 1
1
Acknowledged
Paragraph: 52
The UK is an important part of global semiconductor supply chains, but it is reliant...
Recommendation
The UK is an important part of global semiconductor supply chains, but it is reliant upon other countries. The UK alone will not have an end-to-end supply chain for semiconductors, but it has tradeable strengths. The Government should work more closely with allies in the EU and US, and elsewhere, to safeguard security of supply, both of finished products and of the materials needed for production in the UK. The Government should at the same time be working to represent the UK’s expertise and to entrench and expand the UK’s role in global semiconductor supply chains.
Government Response Summary
The government recognises the need to work closely with international partners to guarantee security of chip supply, and is considering opportunities to cooperate directly and through multilateral fora.
Paragraph Reference:
52
Government Response
Acknowledged
HM Government
Acknowledged
The Government recognises that semiconductor supply chains are inherently global in nature. No single country can establish end-to-end supply for the chips they need. It will therefore remain vital that the UK works closely with our international partners in order to guarantee and safeguard the security of our chip supply, as a central pillar of the Government’s approach to the sector. Capitalising on global investments into the sector, the Government is already in talks with like-minded nations on the future of the global semiconductor market, including the US, the EU, Japan, and the Republic of Korea. The Government is considering where opportunities may exist to cooperate with other Governments directly, including through multilateral fora, in order to improve the diversity and transparency of supply across the global market, and ensure that UK businesses can access the chips (and relevant dependent products) they need. In order to ensure that the UK is able to contribute significantly to these international discussions, it will be vital that we remain a key part of the global semiconductor value chain. The Government’s approach to the sector will capitalise on the UK’s existing strengths, with £1 billion in support for research and development over the next decade, including through international partnerships and agreements.