Semiconductor Supply Chain Faces New Changes: Accelerated Localization, Industrial Chain Reconstruction Becomes Trend

In 2024, the global semiconductor industry landscape is undergoing profound changes. According to industry analysis reports, affected by multiple factors such as geopolitics and pandemic impacts, the global semiconductor supply chain is accelerating reconstruction. **Localization Becomes Key Word** Major economies are increasing investment in local semiconductor industries. The United States invested $52 billion through the CHIPS and Science Act, the EU launched the European Chips Act planning to invest €43 billion, and China continues to increase support for the integrated circuit industry. **Supply Chain Diversification Layout** To reduce supply risks, more and more companies are beginning to build diversified supply chain systems. Instead of relying on a single region or supplier, they are establishing multiple production bases and supply nodes worldwide. **Enhanced Demand for Technological Independence** Countries are strengthening their independent R&D capabilities in key technologies, especially in advanced processes, critical materials, and core equipment. Technological independence has become an important goal for industrial development. **Opportunities and Challenges Coexist for China** For China's semiconductor industry, this is both a challenge and an opportunity. On one hand, there is a need to accelerate technological innovation and industrial upgrading; on the other hand, the huge domestic market and complete industrial chain advantages provide strong support for China's semiconductor industry development. The industry generally believes that the next five years will be a critical period for global semiconductor supply chain reconstruction. Whoever can seize the opportunity in this round of changes will be able to take the initiative in future competition.