'World-class' electronics hub gets £160 million lift
Plans for a “world-class” 300-job electronics development hub have received a £160 million boost.
The National Advanced Semiconductor Packaging and Integration Centre has been backed by the Government.
Bosses say the “European-first” venture will add £800 million of business revenue by boosting semiconductor advances across areas including artificial intelligence and photonics, and reducing packaging lead times “from months to days”.
Led by the National Manufacturing Institute Scotland, the centre will form part of the University of Strathclyde’s Advanced Net Zero Innovation Centre, in Renfrewshire.
Professor Matt Boyle, director of electrification at the National Manufacturing Institute Scotland, said: “We are building a world-class capability, positioning the region at the forefront of advanced semiconductor development.
“There is no other facility in the UK that offers the level of support and access to technology we are planning.
“This new national resource will be key to enhancing the UK’s position in a growing global market, nurturing businesses and enabling them to scale.
“This is a very exciting moment.
“With fresh momentum and investment, we have the opportunity to put Scotland back on the global map for advanced packaging.”
Professor Sir Jim McDonald, principal and vice-chancellor of the University of Strathclyde, and chair of the National Manufacturing Institute Scotland board, added: “This is a strategically important capability for the UK.
“We are helping to build the skills, infrastructure and expertise required to secure the UK’s future as a global leader in advanced manufacturing.”
Want your business, product or service to be seen regionally and nationally? Bdaily helps you get your story in front of the right audience, every day. Find out how Bdaily can help →
Join more than 55,000 subscribers by signing up to our daily bulletin each morning here.
Enjoy the read? Get Bdaily delivered.
Sign up to receive our popular morning National email for free.
It's time to confront the digital poverty crisis
Why a business exit is no longer all or nothing
Culture is the foundation for sustainable growth
Business must help young people take root in work
Purposeful procurement for long-term growth
Time to rethink outdated views on apprenticeships
The scale-ups rocketing through our fast world
Care about the experience, not just the outcome
The rise of an alternative investor model
Bots don't beat personal business coaching
From COVID-19 to the Middle East crisis
How to build credibility in B2B marketing