Critics say £1bn for UK chip industry not enough

Tim Pullen, from British chip maker IQE, told the BBC Radio 4 Today programme that the government strategy is “definitely stepping” the industry in the “right direction.””It recognises the importance of semiconductors to the economy, to national security, and to supply chain security that’s so vital to our lives and what we now need to do is work very closely with the government as we move to the execution phase,” he said.