19 Sep 2022 -
 General

Emergency chip stockpile considered by Indo-Pacific nations

indo pacific cooperation

A formal system for sharing semiconductor devices, medical products and other vital supplies during international emergencies will be considered by the 14 nations in the U.S.-led Indo-Pacific Economic Framework, according to Nikkei Asia.

IPEF countries would have mutual access to these stockpiles during events that disrupt supply chains, such as military conflicts and pandemics.

The proposal responds to widespread reliance on China for many critical supplies, from industrially vital rare-earth elements to personal protective equipment (PPE) for health care workers.

The group does not include Taiwan — a key link in the global semiconductor supply chain.

To avoid electronics supply-chain disruptions, you may also wish to consult an expert in electronics component supply. With more than three decades of supply-chain expertise, Astute Electronics is ideally placed to work with you on your daily component requirements.

For more help with looking at supply chain options, contact Astute Electronics

Related News

29 Feb 2024 - General

Electronics industry optimistic: bright start to 2024

Read more

26 Feb 2024 - General

India’s WTO stance raises concerns for chip industry growth

Read more

22 Feb 2024 - General

Electronics manufacturers cautious but optimistic despite recession fears

Read more

21 Feb 2024 - General

Hidden threat: counterfeit hardware infiltrates 80% of computers

Read more

15 Feb 2024 - General

Chip rush: Global scramble for semiconductor supremacy

Read more

13 Feb 2024 - General

Foxconn faces semiconductor shortage amid ‘AI chip race’

Read more