Cwm Silicon (Welsh for ''
Silicon Valley
Silicon Valley is a region in Northern California that serves as a global center for high technology and innovation. Located in the southern part of the San Francisco Bay Area, it corresponds roughly to the geographical areas San Mateo Coun ...
'') is an epithet applied to a region of
South Wales in the far west of
Newport that attracted interest and
inward investment
Inward investment is the injection of money from an external source into a region, in order to purchase capital goods for a branch of a corporation to locate or develop its presence in the region.
Foreign sources, such as transnational corporatio ...
from the technology sector in the early 2000s.
, the future of the area as an important technological centre was uncertain following the closure of its key
LG factory in August 2003. The area is next to the
M4 and is a centre for high-technology companies, like much of the
M4 corridor
The M4 corridor is an area in the United Kingdom adjacent to the M4 motorway, which runs from London to South Wales. It is a major high-technology hub. Important cities and towns linked by the M4 include (from east to west) London, Slough, Brackne ...
.
See also
*
List of places with 'Silicon' names
This is a list of technology centers throughout the world. Government planners and business networks often incorporate "silicon" or "valley" into place names to describe their own areas as a result of the success of Silicon Valley in Califor ...
References
Districts of Newport, Wales
High-technology business districts in the United Kingdom
Information technology places
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