Semiconductors play a crucial role in critical infrastructure and national security, making them highly sought-after and globally traded products. However, the global semiconductor industry is facing shortages due to the COVID-19 pandemic, geopolitical tensions, and the specialized nature of the value chain. With their recent study, Blandine Laperche and Dimitri Uzunidis highlight the specialized nature of the semiconductor value chain, with different regions specializing in specific segments of the chain.
Tag: international value chains
Asymmetry of power and transnationality
In her book “Transnational Corporations and International Production. Concepts, Theories and Effects” (2019) prof. Grazia Ietto Gillies reflects on the asymmetry of power between transnational companies and actors whose operations are confined by national borders.