Select committee: Business, Innovation, Science and Trade Committee
Conclusion 4
Fifth Report - The semiconductor industry in the UK
Published 28 Nov 2022
Paragraph 67
Addressed to Department for Business and Trade
Business, Innovation, Science and Trade Committee The Semiconductor Industry in the UK All items in this report Report on parliament.uk ↗ Inquiry on parliament.uk ↗
Conclusion (the committee's words)
We will further consider the Nexperia case, via the National Security and Investment Sub-Committee, once the period for appeal has expired. In the meantime, the Department should work proactively to ensure a successful transfer of the Newport site to a new owner. Ministers should update the Committee on progress made.
From: Business, Innovation, Science and Trade Committee, Fifth Report - The semiconductor industry in the UK (HC 291), paragraph 67, 28 November 2022
Government response
The government responded to the whole report on 25 May 2023 (deadline 28 January 2023).
Summary written by Accountability Index from the government's response. It is not the government's own words.The Government has published its National Semiconductor Strategy and sets out its response to the Committee's recommendations, committing to up to £1 billion over the next decade and to working with international partners.
- On funding, the Government says it is investing "up to £200 million" over the next two years and "up to £1 billion" over ten years, and that it will announce plans "by the Autumn" to support semiconductor manufacturing.
- On industry engagement, the Government "agrees" the approach must be industry-led and will formally launch a UK Semiconductor Advisory Panel at London Tech Week in June 2023.
- On supply chain resilience, it commits to publish resilience guidance, establish a government-industry forum and run a crisis and contingency planning exercise, and will evaluate future domestic manufacturing needs through research "reporting in the Autumn".
- On the Nexperia case, the Government says it "still cannot provide any further update" while judicial review proceedings are ongoing.