The semiconductor market is performing a balancing act. On one hand, its importance is unquestionable. It contributes the chips that are the fundamental building blocks of our modern digital world, providing the platform for mass global communication and advanced computing.
But on the other, it is an industry plagued by shortages, at the mercy of historical geo-political tensions, vulnerable to supply chain bottlenecks and riddled with issues of intellectual property theft.
How have we arrived in a situation where an industry that is so vital to our way of lives is so vulnerable and facing an uncertain future?
As with every industry, the semiconductor market has had to deal with the challenges of Covid-19, but with the extra headache that the pandemic has only exacerbated what were already existing problems: tensions between China and the U.S., the ensuing trade war between the two, supply chain bottlenecks, global shortages of chips, etc.
Consider also the unintended consequences that pandemic has thrown up. With the push to work remotely a global phenomenon, cybersecurity for remote work has become an even more pressing issue for semiconductor companies who know their intellectual property and technological know-how is the most important asset they own. Or consider the ballooning costs of the R&D that goes into keeping the semiconductor industry at the sharp-edge of technological innovation – falling revenues from chip shortages and an increase in consumer demand means tough budgeting decisions must be made in the now.
A new white paper from Aalbun, the World’s first Intellectual Property Platform as a Service (PaaS), highlights the big themes and issues dominating the semiconductor industry and how they and the events of the pandemic will impact on innovation and intellectual property rights in the sector going forward.
Click download to Aalbun’s White Paper Industry Focus- Innovation & IPR – The Semiconductor Industry Note: this will take to you their website.
