📊Executive Summary

The article discusses the increasing risks of electronic component obsolescence, particularly in the semiconductor industry, due to rapid technological advancements and changing market demands. It highlights that the average lifespan of advanced semiconductors has decreased significantly, leading to more frequent end-of-life (EOL) notices. In 2023, 328,000 EOL notices were issued, reflecting a 35% increase in instant obsolescence. The article emphasizes the challenges faced by OEMs, CMs, and EMS providers as they struggle to source critical components amid these changes. Geopolitical and economic factors, such as trade tensions and the recent global semiconductor shortage, have further complicated the situation, making it imperative for companies to proactively address obsolescence risks....