Nikkei Asia | Chipmaking subsidies are not the answer to supply security worries

The U.K. national semiconductor strategy, released in May, has been criticized for showing a lack of ambition or courage. The plan foresees government spending of 1 billion pounds ($1.2 billion). This has made some observers question the stance of the U.K. toward the chip sector in view of tens of billions of dollars in subsidies that the U.S., European Union, Japan, India and other governments are allocating to the industry. The U.K., though, is choosing a categorically different path from its peers, based on utilizing its comparative advantages. Read the full article here.