Transatlantic chip wars? UK needs to up its policy game, leading startup says
While the UK is being labelled as
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While the UK is being labelled as
While the US and its allies currently have the upper hand, especially when it comes to advanced chips, China still manufactures workhorse chips and has market scale.
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Aggressive new US policies will be put to the test. They could ultimately fragment the global semiconductor industry.
Chips are the new oil -- the power behind all modern technology, and increasingly seen as the biggest geopolitical prize of all. At the heart of the chip war lies the tiny island of Taiwan: the country that China claims is a part of its territory, is the producer of 90% of the world's most advanced semiconductors.