Lead times -- or the time it takes between placing an order and it being fulfilled -- for the industry contracted for the ninth month in a row, another indication that we are exiting the pandemic-triggered chip shortage of about two years, reports Susquehanna...
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SEMI sunrises new Advisory Council to promote resilient supply chain
Mar 7, 2023
SEMI, representing the global electronics manufacturing supply chain, has announced a new Industry Advisory Council (IAC) for advancing an “agile and resilient global electronics supply chain”.
“Geopolitical, natural and other global electronics supply chain disruptions in recent years have made clear the time is now to better prepare for future crises,” said Bettina Weiss, Chief of Staff and Corporate Strategy at SEMI. “Industry Advisory Council founding members will immediately begin to define priorities, objectives and strategies for the SEMI Supply Chain Management Initiative that lead to actions aimed at strengthening continuity across the entire value chain and supporting semiconductor industry growth.”
Founding members of the IAC include some of the world’s largest semiconductor companies including TSMC, Intel, and Infineon, along with Google and strategic partners DHL, McKinsey, and Resilinc.
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