Chipmaking subsidies are not the answer to supply security worries

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

Jan-Peter Kleinhans and Pranay Kotasthane

October 20, 2023 05:00 JST

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.