EXECUTIVE SUMMARY The semiconductor industry, projected by the World Semiconductor Trade Statistics (WSTS) to reach approximately $611 billion in value by 2024, is considered the backbone of the Fourth Industrial Revolution, serving as an essential element in modern technology and innovation. Demand disruptions caused by the COVID-19 pandemic in 2020 caused the overall projected revenue … Continue reading
Tag Archives: Supply Chain
The Supply Chain Crisis Extends Far and Wide
Executive Summary Failures in the supply chain can be detected along virtually every aspect of the process; some existed before COVID-19, while others were caused by the pandemic. It is unclear how long these problems will persist; especially as demand increases through the holiday season. The United States Department of Transportation attempted to address these issues by expanding the capacity and efficiency of … Continue reading
