This piece discusses the impact COVID-19 presents to the semiconductor industry’s supply chains and global growth. It includes suggestions for managing near-term disruptions and maintaining business continuity while presenting an opportunity to transform the global supply chain model to create a more resilient future.
Although the full impact of COVID-19 is still unknown, the impact across the electronics value chain, from materials to final products, will likely be far reaching. COVID-19 is highlighting the potential risks and vulnerability of today’s electronics and semiconductor value chain and challenging the semiconductor industry to consider transforming its global supply chain model. COVID-19 might become the black swan event that forces the semiconductor industry to fundamentally rethink its risks and potential points of failure.
This piece produced originally by Deloitte US.