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As the war in the Ukraine enters into its second week, the global implications for the conflict are beginning to be fully understood. Of the many issues at stake, the global semiconductor supply chain might be one of the most significant. On Monday, the U.S. announced further sanctions on Russia, primarily affecting Russia’s central bank,…
The semiconductor market is experiencing a very unique time, a time where two seemingly conflicting narratives are occurring simultaneously. On one hand, global demand and sales of chips and semiconductors have never been stronger. According to IDC, worldwide semiconductor sales grew to a mammoth $464 billion in 2020, a nearly 11% increase from 2019. Even…
The root cause for the unprecedented chip shortage facing the automotive industry as well as other industries such as healthcare and consumer electronics is three-fold: • The first cause has been the extreme market volatility in the automotive industry the past year, which has seen an extreme economic slowdown followed by a rapid recovery of…