What's Happening?
CSconnected, the world's first compound semiconductor cluster in South Wales, marks its ten-year anniversary. The cluster has attracted significant investment, supported thousands of jobs, and established Wales as a leader in advanced semiconductor technologies.
Key milestones include the establishment of research centers and collaborations between universities, industry, and government. The cluster aims to grow its revenue to £1 billion by 2030, increase skilled employment, and continue driving economic growth.
Why It's Important?
The success of the Welsh semiconductor cluster highlights the importance of collaboration between academia, industry, and government in fostering innovation and economic development. The cluster's growth contributes to regional prosperity, creating high-quality jobs and enhancing Wales' global reputation in technology. As the semiconductor industry plays a crucial role in various sectors, including AI and quantum technologies, the cluster's achievements may influence broader technological advancements and economic strategies.
What's Next?
CSconnected plans to expand its membership, inviting more organizations to join the cluster and contribute to its growth. The focus will be on increasing skilled employment and capturing value across the region through a resilient supply chain. Continued investment and collaboration are expected to drive further innovation and establish Wales as a leader in enabling technologies. Monitoring the cluster's progress and adapting strategies will be essential to achieving its ambitious goals.
