US Trade Representative

Having a single supplier dependence on a major supply chain item constitutes a basic failure of risk management in today's operating reality. And this lack of foresight can't even be attributed to the "unforeseeable" fallout from the pandemic. The semiconductor industry has always whipsawed between oversupply and undersupply and riding out these curves is a standard part of everyday planning for anyone with significant dependence. Do your job…be resilient. Or learn to accept the consequences of not being prepared and putting investors, reputation, shareholders, and consumers at risk.

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