Semiconductor shortage: Biden administration wants to intervene

Several industrial sectors are affected by a shortage of components which must continue for several months. The automotive world is struggling to source chips for vehicles while even the smartphone market could feel the impact of this crisis.

Faced with the scale of the problem and the economic consequences that it can engender, the new administration Biden study the means to, if not solve, at least mitigate the effects of the shortage.

According to Bloomberg, the US government takes advice and talks with logistics players to find supply bottlenecks and put measures in place.

This issue of component availability is more strategic than ever, at a time when the relocation of means of production is all the rage, and that’s probably about making sure the US doesn’t run out of chips essential to a lot of activities.

The approach is supported by a number of presidents of high-tech US companies asking President Joe Biden to guarantee the vitality of the semiconductor industry, in particular through financial incentives, in order to promote local production.

It should be noted that Europe has just announced a program to try to relocate to the Old Continent substantial means of production of electronic components with the finest engraving nodes.

The bulk of the production of microchips takes place in Asia and the tensions between China and the United States have highlighted certain relations of dependence that decades of relocation had almost forgotten.


Source: GNT – actualités by www.generation-nt.com.

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