The global semiconductor industry faces a looming crisis as a PwC report predicts a significant copper shortage, with climate change-induced water shortages in major copper-producing countries like Chile threatening to disrupt supply chains. Copper, an essential material in semiconductor manufacturing, is becoming increasingly scarce, putting at risk approximately one third of the world's semiconductor production. This situation poses a direct challenge to major industry players such as Taiwan Semiconductor Manufacturing Company Ltd. (NYSE: TSM), emphasizing the critical need for the sector to explore sustainable resource management and alternative materials to mitigate the impact of climate change on global supply chains.
Impending Copper Shortage Threatens Global Semiconductor Industry
TL;DR
Semiconductor companies can gain a competitive edge by securing alternative copper supplies or innovating beyond copper dependency amidst climate-induced shortages.
Climate change impacts water availability, reducing copper production in key regions, which is critical for semiconductor manufacturing, as detailed in PwC's report.
Addressing copper shortages due to climate change can safeguard semiconductor production, ensuring technological advancements continue to improve global quality of life.
A PwC report reveals climate change could slash global semiconductor production by a third due to looming copper shortages, highlighting an unexpected tech vulnerability.
Found this article helpful?
Share it with your network and spread the knowledge!
Curated from InvestorBrandNetwork (IBN)
