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'World's first': £38m technology deal to be signed

Credit: Christoph Schmidt/DPA/PA Images

A signing ceremony will take be held today to rubber stamp the development of a compound semiconductor industry cluster in South-East Wales.

The signing follows an agreement in May by the Cardiff Capital Region (CCR) Regional Cabinet to contribute £37.9 million from the CCR City Deal’s Wider Investment Fund to establish a facility for the production of compound semiconductors.

They could be used in robotics, 5G communications and driverless cars.

Compound semiconductors are at the heart of many devices we use today, from smart phones to tablets and satellite communication systems. It is an area of UK strength and today’s confirmation of the development of a cluster of excellence in Wales reinforces our own strong position in the growth of this important and growing technology.

Of course, government does not create innovation, but it can be a catalyst to getting the scientists and engineers, the designers and the entrepreneurs together to make it happen.

This collaboration is important because innovation is a shared endeavour and I look forward to seeing the cluster take shape and create a lasting engineering and manufacturing legacy in Wales

– Alun Cairns MP, Secretary of State for Wales
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