China's Rising Forte: Graphene
UK research organisations have made measurable progress in the development of Graphene. The UK government has encouraged regions including London, Manchester, Birmingham, Glasgow and Liverpool to expand activities in the Graphene sector. The government aims to establish a basis for technological innovations and applications involving graphene.
In 2013, a graphene production facility commenced operation in Oxfordshire. The facility produces 1 000 000 square metres of single-layer graphene films per annum. The films are used mainly in touchscreens and flexible displays. A UK smartphone manufacturer recently sold 2 000 units of a graphene-based smartphone at a price of £799. Consequently, these figures indicate an expansion in the graphene market expected to continue in 2014.
Several academic research institutes and manufacturing companies have increased investment in graphene research. The UK has implemented measured strategies to develop graphene despite its early stage. Production costs for graphene have decreased steadily. Industrial investments in graphene have grown with quantifiable increases. Given that these investments continue, the graphene market is expected to grow further.