📊Executive Summary

The article discusses the ongoing global chip shortage, highlighting its origins and future trends in silicon supply. It attributes the shortage to a combination of unprecedented demand driven by the COVID-19 pandemic, increased reliance on technology for remote work and online activities, and supply chain disruptions caused by geopolitical tensions, particularly the US-China trade conflict. The article notes that significant semiconductor manufacturing capacity is concentrated in Asia, particularly in Taiwan, South Korea, Japan, and China. It also mentions specific components affected by the shortage, including MOSFETs, PMICs, and FPGAs, which are critical in various electronic devices. The article emphasizes the need for procurement teams to monitor these trends closely to mitigate risks associated with supply constraints....