KEEPS ON COMING4 Mar 2023 10:04
Yet more coverage in yesterdays Telegraph.
'BRITISH CHIPMAKERS HOLD TALKS WITH WHITE HOUSE OFFICIALS AMID BIDEN CHARM OFFENSIVE'
- Discussions come amid fears of $53Bn US subsidies will trigger exodus from Britain.'
Report in Business section says delegation travelled to Washington this week as Biden administration
opened appications for billions of dollars in federal funding.
'Companies involved included IQE, Paragraf and Pragmatic - all vocal critics of Britain's failure to develop a credible
chip strategy. '
Report notes that this comes after ARM spurned advances from Sunak and instead chose a New York blockbuster float.
Tim Pullen, IQE CFO is quoted 'The UK is woefully in danger of being left behind if it doesn't move swiftly to put together
a meaningful strategy.'
Proposed British strategy has been repeatedly held up amid political turmoil and disagreement between individual
departments, according to the Telegraph.
Last paragraph says it all but IQE seems to be making a good fist of improving its public and media profile. lets
just hope it helps to improve the SP!