Industry Expert Blogs

One man’s subsidy is another man’s blow to supply chain resilience it seems, as Globalfoundries CEO Tom Caulfield criticises the $20 billion being proposed in German subsidies for fabs.

Caulfield told the FT that, if subsidies disproportionately benefit one company, then “there is a real risk of dependence on a single supplier, market foreclosure and less resilient supply chains as a consequence.”