Asia largely dominates the global semiconductor supply chain. Only one firm – Israel-based Tower, on TrendForce’s list of the 10 largest foundries does not come from Asia. However, multiple factors are driving a reshaping of the global semiconductor supply chain, writes Greg Kyung Mo Kang, Research Team Head, Equities at Eastspring Investments.
“Efforts by the US, Europe and Japan to create a viable alternative, as well as China’s determination to increase domestic chip production, would impact economies, manufacturers, existing supply chain players as well as investors in the longer term”, says Kang.
Read more at www.eastspring.com/lu.