Semiconductors: Navigating Supply Chain Resilience and Trade

March 15, 2024

The semiconductor industry is a core pillar of the global technological landscape, facilitating the functioning of countless electronic devices that have become integral to modern life. The key components, commonly referred to as integrated circuits or chips, serve as the foundation for a diverse array of applications from handphones, computers, healthcare technology, military defence technology, AI components and advanced wireless networks. With over 100 billion devices incorporating semiconductors, their ubiquity underscores their pivotal significance in driving global value chains and technological advancement (SIA, 2023).