New public and private partnerships to ensure that the end-to-end processes needed to support resilient semiconductor manufacturing need to be created to fully supply the whole semiconductor supply chain.
That’s according to a new report released by the Council of Supply Chain Management Professional (CSCMP) that addresses the vulnerabilities in the US semiconductor ecosystem, stating that more needs to be done when it comes to production.
Of course, the report recognises the CHIPS and Science Act in the US, and similar initiatives across Europe, but says that the level of funding provided is small and only $52.7bn in the US over a period of five years.
It does, however, note that the capital announced via the acts is focused primarily on developing industrial policy via incentives to create or expand ‘lab to fav’ research and development and improved manufacturing processes.
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