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Silicon Valley UK?

The UK Chancellor has declared that he wants the UK to become the next Silicon Valley.

Hermann Hauser, when asked on @BBCNewsnight about the chances of this happening, replied “zero”.

(BBC Newsnight, 18th April 2023).

#Nexperia #semiconductors
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He should know, being the Co-founder of Amadeus Capital Partners, and writing a book on technology sovereignty.

He said Government efforts to reverse Nexperia’s takeover of Newport Wafer Fab would achieve exactly the opposite of what is desired: technology independence. 2/
Semiconductor sovereignty will be achieved by China, US and EU. China has the money and talent so it is only a matter of time.

Whereas Britain “is a minnow and will always be a minnow”. BREXIT was the greatest loss of sovereignty since 1066.
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