A report backed by Durham County Council and the Compound Semiconductor Applications Catapult frames the advanced materials electronics industry as capable major growth.
The North East’s burgeoning high tech electronics manufacturing industry could support more than 7,500 jobs and contribute nearly £900m to the regional economy in the next five years, a new report says.
The report published by Business Durham and the Compound Semiconductor Applications (CSA) Catapult looks at the advanced material electronics industry (AME), which uses materials that have been engineered to have superior properties and which is described as the building blocks of digital technologies .
It suggests that jobs in the region’s cluster of companies – which include chip makers, microwave communications specialists and defence suppliers, among others – has already grown from 1,800 in 2020 to nearly 2,800 currently – though the recent measure is said to include a broader definition of AME.
Kerry Walker, business growth director at Business Durham, said:
“We are delighted to see the significant growth potential of the North East electronics industry, as highlighted in this report. Business Durham is committed to supporting the growth of this important sector, which is creating jobs and contributing to the economic prosperity of the region.
“The North East has a strong track record in innovation and manufacturing, and we believe that the advanced materials electronics sector has a bright future ahead. We will continue to work with our partners to support businesses in this sector to access the skills, funding, and research and they need to thrive.”
You can read the full report here.
Posted in: Automotive and Advanced Manufacturing, Digital and Tech, Electrification