📊Executive Summary

The ongoing US-China technology rivalry has significant implications for the electronics supply chain, particularly in the semiconductor sector. The US has imposed sanctions on Chinese companies like Huawei and ZTE, impacting their ability to compete in the 5G space. The article highlights the strategic importance of semiconductors, with Taiwan Semiconductor Manufacturing Company (TSMC) being a critical player, producing 90% of cutting-edge chips. The US is actively seeking to limit China's access to advanced chip technology, which could lead to supply shortages and increased lead times for components sourced from affected suppliers. Procurement teams should closely monitor these geopolitical tensions as they may influence sourcing strategies and costs....