The chips crunch: 10 reasons semiconductor nationalism is making the US, China, and India nervous
Mounting geopolitical issues between China and its neighbors, has made one of the world’s most important trade routes count among its most dangerous.
Synopsis
What started as an electronics shortage is now a full-blown geopolitical hot potato. Major global economies are taking steps to secure their supply of chips to safeguard interests in military tech, AI, and the broader economy. Is India missing from the conversation? Here’s a 10-point reckoner to bring you up to speed on the tussle for the ‘crude-oil of data’.
ICYMI, over the last several quarters, the world has been experiencing a major shortage of semiconductors due to a multitude of reasons, not least the Covid-19 era ‘Zoom boom’ in sales of electronics globally. Just one sector — automobiles — has been struggling to recover and is now projected to lose as much as USD110 billion due to chip shortage, according to consulting firm AlixPartners, with the crisis affecting the production of 3.9 million
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