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  • NEWS ARTICLE
  • Publication 05 June 2025

G7 Semiconductor Point of Contact group meets to foster greater supply chain resilience

The G7 Semiconductor Point of Contact group met on 3-4 June in Toronto, Canada, to discuss how to foster greater supply chain resilience and security.

A blue circuit board with gold and white components, featuring a central dark microchip.

GettyImages © monsitj

The meeting featured a stakeholder forum on the first day, with sessions on industrial end-users' perspectives on supply chain resilience, semiconductor industry perspectives on supply chain resilience, chip traceability and provenance, and trusted capital investment flows.

Representatives from various industries, including automotive, aerospace and defence, telecommunications, and biomanufacturing, shared their experiences and insights on monitoring chip supply chains, anticipating disruptions, and implementing security mechanisms.

The second day of the meeting was a government forum, with discussions on government perspectives on fostering trustworthiness, traceability, and chip security.

The meeting aimed to promote collaboration and cooperation among governments and industry stakeholders to address challenges in the semiconductor sector and enhance global supply chain resilience.

Background

Semiconductors are essential for the modern world. They are the building blocks of all electronic devices, enabling our digital economy and driving global innovation in technology, communication, health care and energy efficiency, among others. Such ubiquitousness has in recent years attracted increased public policy attention on the sector.

Established under Italy’s G7 Presidency earlier in 2024, the G7 Semiconductors Point of Contact group aims to address issues impacting the semiconductor industry, including early-stage innovation, crisis coordination, sustainability, and the impact of government policies and practices.

Read more about the EU's policy on electronic components and semiconductors.