The British Chancellor of the Exchequer George Osborne has announced plans to make £22m ($35.9m) of investment available to UK universities that are exploring ways to commercialise graphene.

Cambridge University will receive in excess of £12m ($19.6m) to develop advanced, flexible, and light-based electronics which would herald the next generation of touchscreens and displays. Imperial College London will also benefit from the fund, and will gain £4.5m ($7.34) for utilising graphene to improve aircraft components. Royal Holloway, Exeter, Manchester and…

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