The UK government awarded £17.3 million ($25.6 million) to Cardiff University to create a linchpin for the Compound Semiconductor Research Foundation, the first of its kind in the UK, the university says.
According to the university, the foundation has the potential to become one of the leading semiconductor research clusters in Europe. Compound semiconductors is one of eight technologies identified by the UK government as essential to leading the UK's economic and industrial growth.
The award adds to £12m ($17.8 million) already pledged by the Welsh government to support the foundation. The funding will strengthen ties between IQE Plc, the leading compound semiconductor wafer supplier, and the university.
"The award from the UK Research Partnership Investment Fund will capitalize on existing academic expertise at Cardiff University,” says Professor Colin Riordan, vice-chancellor of Cardiff University, in a statement. “It will cement our well-established partnership with IQE to create a global hub for CS technology research, development and innovation."