TSMC, Intel supplier Qnity bets on local production to win business

What happened: Qnity, a semiconductor chemicals and materials supplier to TSMC and Intel, is pursuing a "local-for-local" strategy, with CEO saying local production is key to winning business as chipmakers shorten supply chains. Key numbers: More than 70% of raw materials sourced within each region where it operates. Why it matters: The CEO says being closer to chip clients strengthens supply chains, positioning Qnity to grow as chipmakers shift and shorten their supply chains.

TSMC and Intel supplier Qnity bets on local production to win business.

TSMC and Intel supplier Qnity bets on local production to win business. — impact context not separately stored; see What changed.