📊Executive Summary

The global semiconductor shortage has significantly impacted various industries, leading to production delays and increased prices. Initially triggered by the COVID-19 pandemic, the shortage was exacerbated by geopolitical tensions, particularly the conflict in Ukraine, which halted the production of essential materials like semiconductor-grade neon gas. This situation has raised concerns about the reliability of supply chains and the importance of semiconductor production for national security. The U.S. has implemented export controls on semiconductor technology to China, further complicating the landscape. As governments strive for technological sovereignty, the implications for procurement strategies are profound, necessitating close monitoring of supply availability and pricing trends....