📊Executive Summary

China has mandated a new regulation requiring chipmakers to source at least 50% of their semiconductor materials and equipment domestically. This policy aims to bolster local supply chains and reduce reliance on foreign suppliers, potentially impacting procurement strategies for companies sourcing semiconductors. The CSI Semiconductor Material & Equipment Index is expected to rise by 1.6% following this announcement, indicating positive market sentiment towards domestic suppliers. Procurement teams should assess their supply chains in light of this new policy, considering the implications for sourcing and pricing....