Lord Broers
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(4 years, 10 months ago)
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Lord Ahmad of Wimbledon
I have always wanted to say this from the Dispatch Box: I refer the noble Lord to the answer I gave some moments ago.
Lord Broers (CB)
My Lords, is the Minister aware of Taiwan’s importance when it comes to semiconductor technology? Taiwan leads the world in making semiconductor chips. In fact, it is said that the latest artificial intelligence and machine learning chips can be made only in Taiwan; they cannot be made even in the United States.
Lord Ahmad of Wimbledon
The noble Lord makes a very important point. It is why the United Kingdom is very committed to growing our trading relationship with Taiwan. Currently, more than 300 UK companies are located across a variety of sectors, including the one the noble Lord mentioned.