Over the last year, the world’s major tech economies have invested heavily in their respective semiconductor strategies.

As recently as last week, for example, South Korea unveiled a $19bn package of incentives.

The UK’s own £1bn investment, and commitment to a national semiconductor strategy in May last year, sought to follow this global trend.

Global Tech Advocates (GTA) along with techUK and others led the charge with an open letter calling for the prime minister to deliver a national strategy for chips.

One year on – and with a new Semiconductor Institute announced earlier this month – it feels like an appropriate moment to reassess where progress has been made in the sector, and where there is still work to be done….