📊Executive Summary

The EU is preparing to implement emergency powers to manage semiconductor supply chains amid growing concerns over dependency on Taiwan and China for chip supplies. This draft law would allow the EU to override existing contracts, prioritize orders for critical products, and impose fines on companies that do not comply with supply chain information requests. The move is part of a broader strategy to reduce reliance on US and Asian technology while addressing potential supply shortages that could impact critical sectors such as medical devices and digital infrastructure. Given the geopolitical tensions, particularly regarding Taiwan, this could lead to significant changes in procurement strategies for companies reliant on semiconductor supplies....