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Semiconductors and critical minerals will be 2022’s key geopolitical battlegrounds
Nations will wish to favor competition over cooperation as the global economy recovers from COVID-19, as per GlobalData. The leading data and analytics company notes that some sectors — including 5G, semiconductors, pharmaceuticals and batteries — will remain a volatile space for geopolitics for years to come. The ‘Tech, Media and Telecoms Predictions 2022’, reveals that semiconductors and critical minerals will remain key geopolitical battlegrounds in 2022, with the US and China intensifying their fight for dominance over many of the core tech industries and mineral resources that support them. These industries will remain critical drivers of the global economy for decades to come and so the countries that lead in them will own the 21st century. In 2022 the global dependency on the Taiwan Semiconductor Manufacturing Company (TSMC) will remain a chokepoint for the global tech economy. US chip sanctions will impede China in the short term, but these sanctions have led China to invest over $1.4 trillion into advanced tech, including efforts to create a domestic semiconductor champion of their own. As a result, US sanctions will have had the unintended consequence of allowing China to become a global and self-sufficient semiconductor player in the long term. China’s lead in many advanced tech sectors is glaring, and US and European policymakers are starting to wake up to the implications of being behind on core technologies.
GlobalData estimates that the global chip shortage will continue long into 2022, but will improve in H2 as US and European semiconductor firms increase their capacity. China’s dominance of critical minerals, especially those used in clean energy technologies, is akin to the kind of stranglehold that OPEC has had over oil in the past. As the minerals grow in importance due to the necessity of the climate transition, the need to develop a resilient and secure supply chain will become impossible to ignore. Consequently, 2022 will see WesterBy VARINDIA | 116 views
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Blatant Violation of model code of conduct in Odisha
Blatant Violation of model code of conduct in Odisha
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Arvind Kejriwal को मिलेगी जमानत? ED की याचिका पर आज Delhi High Court सुनाएगा फैसला
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Arvind Kejriwal की याचिका पर ‘सुप्रीम’ सुनवाई, मिलने वाली है राहत? | Arvind Kejriwal Bail Updates
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Arvind Kejriwal की याचिका पर ‘सुप्रीम’ सुनवाई, मिलने वाली है राहत? | Arvind Kejriwal Bail UpdatesBy PunjabKesari TV | 172 views
Education ???? पर Arvind Kejriwal की जबरदस्त Speech ???? | Latest Motivational Speech | Aam Aadmi Party
Education ???? पर Arvind Kejriwal की जबरदस्त Speech ???? | Latest Motivational Speech | Aam Aadmi Party
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Education ???? पर Arvind Kejriwal की जबरदस्त Speech ???? | Latest Motivational Speech | Aam Aadmi PartyBy AAP | 209722 views
Exclusive Interview with Afghan Cricketer Sharafuddin Ashraf | Insights into his Remarkable Journey
Join us for an exclusive interview with Afghanistan's cricket sensation, Sharafuddin Ashraf. Gain valuable insights into his inspiring journey from humble beginnings to becoming a pivotal figure in Afghan cricket. Learn about his experiences representing Afghanistan on the international stage, the challenges he's faced, and his aspirations for the future. Don't miss this candid conversation with one of cricket's rising stars!
Exclusive Interview with Afghan Cricketer Sharafuddin Ashraf | Insights into his Remarkable JourneyBy CricTracker | 293 views
NEET-NTA Row: Union Education Minister Dharmendra Pradhan के शपथ ग्रहण पर विपक्ष ने कहा, “शर्म करो”
लोकसभा सत्र: Union Education Minister Dharmendra Pradhan के शपथ ग्रहण समारोह से पहले विपक्षी सदस्यों ने "शर्म करो" के नारे लगाकर अपना असंतोष व्यक्त किया। यह विरोध हालिया NEET-NTA विवाद को लेकर विपक्षी दलों के बीच बढ़ते तनाव और असंतोष को उजागर करता है।
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NEET-NTA Row: Union Education Minister Dharmendra Pradhan के शपथ ग्रहण पर विपक्ष ने कहा, “शर्म करो”By PunjabKesari TV | 144 views