Recent semiconductor shortages have led to renewed public support targeting the semiconductor ecosystem in many advanced economies, and more generally a willingness to encourage initiatives that help increase the resilience of the semiconductor value chain. Enhancing the resilience of semiconductor value chains, while avoiding potential harmful side effects, requires greater understanding of existing production capacities, transparency on support policies and close cooperation among governments.
The OECD convened the Semiconductor Informal Exchange Network in 2023 to provide a platform for member countries and invited economies to share market and policy information, discuss best practices, and allow for effective international coordination. The OECD Secretariat organises the meetings and provides support and input across the Network’s workstreams.