Semiconductors play a crucial role in twenty-first century life. The demand for them is constantly on the rise in our progressively digitalized world.
The growth in Internet of Things (IoT) technology, increasing use of artificial intelligence (AI), and electrification of the automotive industry are all driving the demand for semiconductors. The growing adoption of 5G technology—that requires advanced, powerful semiconductors to handle faster data transfer speeds and connectivity requirements— is also having a huge impact on the ability of chip manufacturers to keep pace with demand. This seemingly insatiable appetite is straining capacity at all points of the semiconductor manufacturing process and any disruptions to the supply chain can severely hold up production.
“When building a resilient supply chain, the first brick in the foundation is quality. Everything else gets layered on top. Kuehne + Nagel give customers the reliability and flexibility to pivot when the unexpected happens.