Resilinc Special Report

Managing Uncertainties in the Silicon Market: Strategic Insights

Silicon is a vital commodity that fuels multiple industries, spanning electronics to renewable energy. China, the largest global silicon producer, faces significant repercussions due to forced labor restrictions affecting supply chains worldwide. With the Uyghur Forced Labor Prevention Act (UFLPA) strictly enforced, many silicon suppliers in China are barred from exporting raw materials, parts, and products made in the XUAR region. The US Customs Border and Protection Agency (CBP) has detained 1,000+ shipments of solar panels made by Chinese-owned companies since it began its enforcement in June of 2022. Conversely, the polysilicon market faces supply-demand imbalances, with some projects at risk of suspension. Companies should adopt resiliency solutions to enhance their existing processes, visibility, and cost savings.
Learn more in Resilinc Special Report about the current state of the silicon market, forced labor impacts, cost, and production changes, and the actionable steps to ensure UFLPA compliance in your supply chain.
Key Insights:
  • Background: Silicon sources, including China, the US, and India
  • UFLPA impacts on US silicon imports and analysis of alternate silicon supplies
  • Impact of volatile pricing on production and new silicon investments
  • Actionable steps to ensure UFLPA compliance in your supply chain