📊Executive Summary

The recent trade deal between the US and China has lifted restrictions on chip design software for Chinese companies. This development is significant as it allows Chinese firms to access advanced semiconductor design tools, potentially enhancing their capabilities in chip development. For procurement teams, this change could lead to increased competition in the semiconductor market, affecting sourcing strategies and pricing dynamics. Companies may need to reassess their supplier relationships and consider the implications of a more capable Chinese semiconductor industry on their supply chains....