The global chip shortage promotes countries competing to achieve self sufficiency: Strategy Analytics

The latest research report released by Strategy Analytics pointed out that the shortage of semiconductors has promoted a new round of large-scale investment in countries to achieve self-sufficiency.

The report pointed out that the demand for automotive and other market segments recovered earlier than expected, epidemic-driven demand, insufficient investment in foundry capacity, insufficient inventory, double orders, and natural disasters. The country launched a large-scale investment race to ensure supply.

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Strategy Analytics said that semiconductors play a key role in the manufacturing and delivery of consumer electronics, communications, aerospace and defense systems, automobiles, financial services, and almost all products.

It is in the interests of countries and regions to cultivate their own semiconductor ecosystem to ensure that supplies are not affected by unexpected trade interruptions.

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