While the UK is being labelled as “closed for business” and Rishi Sunak is playing Unicorn Kingdom in Silicon Valley, the British chip industry risks losing some of its strongest players due to a lack of supportive policies. Based in Cambridge, UK, Pragmatic Semiconductor, funded in part by the CIA’s investment branch In-Q-Tel, has created an ultra-thin, ultra-low-cost, flexible integrated circuit (FlexIC). Instead of relying on silicon, it is made from indium gallium zinc oxide at a fraction of the cost. The application of the technology spans a wide range of sectors, including healthcare, pharmaceuticals, packaging and games. In the…
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