By Bolaji Ojo
What’s at stake:
Geopolitical issues continue to pose serious challenges to the semiconductor industry and the fallout will continue in 2023. Pushed into a corner by stiff sanctions, China will be more motivated to wean itself off Western technology. This may cause an irreversible decoupling of the chip supply chain with significant implications.
China will fall short of its vaunted goal of self-sufficiency in technology production by 2025. Face with stiff economic sanctions, Beijing will accelerate plans to liberate itself from the Western-led semiconductor supply chain, according to veteran industry watcher Jean-Christophe Eloy.
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