CURRENT AFFAIRS

Detailed explanation-1: -Notes: The UK government has unveiled a new semiconductor strategy to minimize its dependence on Asian production of computer chips. Under this strategy, the government will invest around 1.2 billion USD over the next decade into the semiconductor industry .

Detailed explanation-2: -Britain is an understated player in the global chip market, specializing in design, intellectual property, research and fabrication of compound semiconductors. It is also home to one of the most coveted semiconductor-related assets in the form of chip designer Arm.