Universities minister Greg Clark MP announced that the UK government has awarded Cardiff University £17.3 million in funding that will go towards Compound Semiconductor Research Foundation. The award adds to £12m that the Welsh Government already pledged to support the Foundation.
The Foundation will be at the University’s Innovation Campus. It will focus on testing and development of technologies that forms the basis of electronics such as tablets and smartphones and get incorporated into sectors including biotechnology, healthcare, and mass communications. Cardiff University says that the funding will strengthen the bonds between the university and compound semiconductor wafer supplier IQE Plc of Cardiff.
Professor Colin Riordan, vice-chancellor of Cardiff University, commented, “The award from the UK Research Partnership Investment Fund will capitalize on existing academic expertise at Cardiff University. It will cement our well-established partnership with IQE to create a global hub for CS technology research, development and innovation.”
Dr Drew Nelson, CEO of IQE plc, noted, “Compound Semiconductors are one of the eight great technologies identified by the UK government as essential to leading the UK’s economic and industrial growth.” Nelson added, “We welcome today’s announcement and look forward to playing a key role in helping to make Wales and the UK the new European powerhouse for next-generation semiconductor technologies.”