Pearson (FTSE: PSON.L) and its Connections Academy, the fully online public school program serving K-12 students, announced today a strategic partnership with the SEMI Foundation, the 501(c)(3) arm of SEMI, a global industry association representing the electronics manufacturing, semiconductor, and design supply chain market. The partnership with the SEMI Foundation, which leads the association’s global workforce development and diversity, equity, and inclusion initiatives, offers Connections Academy students, families, and educators’ insight, connections and opportunities in these rapidly growing fields.
As well as building awareness and interest in the semiconductor industry, the partnership with the SEMI Foundation will provide access to programs and opportunities, including internships, apprenticeships and scholarships for students, educators, and families. There will also be exploration of career technical education training and digital badging for experiences with the SEMI Foundation, whose programs are informed by more than 3,000 member companies worldwide.
The semiconductor industry, which fuels a wide range of products in almost every sector– from computers and smartphones to cars, factory equipment and appliances–is projected to grow nearly 80% to 460,000 workers needed by 2030 in the United States. Significant federal funding is being allocated towards the effort to close this workforce gap. Over the next 20 years in the U.S., there will be a $350B+ investment from projects that have been launched via the Creating Helpful Incentives to Produce Semiconductors (CHIPS) and Science Act.
“Businesses in the semiconductor industry are developing strategies to engage early talent in response to massive and increasing demand in the sector,” said Casey Welch, Vice President for Career in Pearson’s virtual learning division. “Pearson is proud to partner with SEMI to help close this workforce gap by providing students, families, and educators in Connections Academy schools and the broader K-12 community with the important connections and experiences needed to pave their way to meaningful opportunities in the industry’s diverse businesses.”
“A strong workforce is crucial in ensuring the success of investments made through the CHIPS and Science Act. New and expanded semiconductor facilities across the U.S. will require a growing number of technicians, engineers, project managers, as well as non-technical staff to truly fulfill the promise of a strengthened domestic semiconductor industry,” said Shari Liss, Executive Director of the SEMI Foundation. “This partnership with Pearson’s Connections Academy will help inform the next generation of the variety of career opportunities the CHIPS and Science Act offers, and it will better prepare students to enter a high-tech industry that continues to be foundational to the modern world.”
The partnership with the SEMI Foundation is part of Connections Academy’s expanded slate of college and career readiness offerings for middle and high school students. Launched in spring 2023, the initiatives offer an innovative new tri-credit approach where courses can deliver high school credit, industry-recognized micro-credentials, and eligibility for college credit toward over 150 U.S. bachelor’s degree programs.