The semiconductor industry is truly a global ecosystem. Each
company within the industry specializes in one or more stages of
the chip production process, forming a supply chain that spans
worldwide and results in more resilience and efficiency.
As one of the world's most important, sophisticated and
complex industries, semiconductors form the backbone of the digital
economy and power a vast array of electronic devices. Understanding
the trends and risks shaping the industry is crucial for every
company that relies on technology. The past few years have given us
insight into the substantial disruption that can be caused by chip
shortages; for example, due to such events as COVID-19, freeze
events, fires and lately the instability of a world facing unclear
geopolitical conflicts, business leaders are waking up to pathways
that go beyond the balance sheet of any one institution. As public,
political and academic awareness on chip shortages grows,
policymakers, the
