Our daily lives would screech to a frighteningly fast halt without semiconductor chips and all the things they empower us to do, from using smartphones to opening car doors to...well basically everything.
A recent study from McKinsey said that semiconductor sales totalled around $600 billion in 2021 and forecast that semiconductor industry will be worth $1 trillion by the end of the decade.
Chip shortages forcing factory closures during the pandemic coupled with the breakneck speed of digitisation have highlighted how essential it is to support and safeguard semiconductor development and access.
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