DSIT announces the launch of a new independent UK Semiconductor Institute

The Department for Science, Innovation and Technology DSIT has announced today the launch of a new independent UK Semiconductor Institute that will for the first time bring together the Government, Universities and the private sector to support key components of the Government’s Semiconductor Strategy to grow the sector, which is backed by a £1bn commitment.

TechWorks CEO, Charles Sturman has been working with the government to support the creation of the institute and spent the morning at 10 Downing Street with the government and other industry leaders as the launch was announced.

 The Institute will act as a convening point to steer UK semiconductor innovation and business in support of the UK semiconductor strategy

• A new independent institute will be tasked with building on Government’s £1 billion
  strategy to grow the semiconductor sector.
• With independence from Government, the Institute will promote the voice of industry.
• New body will be a single point of contact to promote the sector to investors and attract foreign investment in British research expertise.

The aim is that the Institute will be established as an independent organisation tasked with making sure chip researchers have the tools and infrastructure needed to drive their work forward in these focus areas and convert their innovation into market-ready products.