The global semiconductor supply chains: Challenges, risks and strategies

Semiconductor industry is one of the most vital and dynamic sectors in the global economy, powering a wide range of electronic devices and enabling innovations in various fields. The pandemic, geopolitical tensions, trade disputes, environmental concerns and corresponding technological disruptions are a part of this mosaic. These factors have exposed the vulnerabilities and interdependencies of the global semiconductor supply chain, which is highly complex, specialized and integrated. Global semiconductor supply chain consists of several stages, from design and manufacturing to assembly and testing, involving myriad entities, millions of workers, and billions of dollars across different geographies.