Chipmaking subsidies are not the answer to supply security worries

U.K. is taking right approach by focusing on areas of comparative advantage

20231019 semiconductor malaysia

A worker inspects chips at a semiconductor packaging firm in Malaysia: Roughly 90% of the back-end work to make semiconductors ready for installation is done in Asia. © Reuters

Jan-Peter Kleinhans is a project director at Stiftung Neue Verantwortung, a technology policy think tank in Berlin. Pranay Kotasthane chairs the high-tech geopolitics program of Takshashila Institution, a policy think tank based in Bengaluru.

The U.K. national semiconductor strategy, released in May, has been criticized for showing a lack of ambition or courage.

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