Wales to see £250m investment into UK’s largest semiconductor facility

The investment in the facility, which is the UK’s largest semiconductor manufacturing plant, will be used to boost the production of advanced Silicon Carbide semiconductors, which are key to improving performance and driving faster battery charging time in the EV sector.

Supported by the government’s Automotive Transformation Fund (ATF), the investment will help secure domestic supplies of semiconductors critical to the UK automotive industry, and other key industries including renewable energy and defence, supporting the Industrial Strategy. The boost is expected to directly support over 500 high value, high skilled jobs in the region and indirectly support hundreds more in the wider supply chain.

Commenting on the announcement business and trade secretary Jonathan Reynolds said: “This is a huge vote of confidence in the Welsh economy and our plans to make Britain the destination of choice for investments in the industries of tomorrow. It will support local skilled jobs and raise living standards. Vishay’s investment will help secure a domestic supply of semiconductors which are vital for our world leading automotive sector and support our clean energy industries – key growth driving sectors identified in our upcoming Industrial Strategy.”