The Effect of Supply Chain Adaptive Strategies During the COVID-19 Pandemic on Firm Performance in Malaysia's Semiconductor Industries

The supply chain disruptions caused primarily by the COVID-19 pandemic catastrophe are expected to prolong the global chip shortage for several more years, making it a pressing concern across industries worldwide. Nonetheless, the influence of supply chain disruptions on firm performance within the semiconductor industry, especially in developing countries like Malaysia, has received limited attention in previous studies. This study aims to determine how supply chain adaptive techniques that combine robustness, agility, and resilience during the COVID-19 pandemic affected multinational firms' performance in the semiconductor industry in Malaysia. The nature of the study is quantitative, using survey methodology. The data were collected from 82 multinational corporations of semiconductor firms through an online platform. The findings show that resilience in supply chain adaptive strategies significantly impacted multinational corporations' semiconductor industries during the COVID-19 pandemic. However, the success of semiconductor firms during the COVID-19 pandemic was not greatly affected by the resilience and agility of supply chain adaptive strategies. The findings offer valuable insights into how firms implemented supply chain adaptive strategies during the challenging times of the COVID-19 pandemic. The knowledge can enable them to lessen the effect of the COVID-19 pandemic supply chain disruption and eventually enhance the firm's performance. Future studies should examine the new aspect of supply chain strategies, such as demand-driven planning, which uses technological tools for climate adaptation in times of crisis. © 2023, The Author(s) under exclusive licence to Global Institute of Flexible Systems Management.