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Semiconductor shortage: Biden government plans to intervene

2021-02-11T21:04:09.741Z


The US government plans to act quickly to address the semiconductor shortage that is particularly affecting automakers and plans to take a closer look at how supply chains for essential goods work, a spokesperson for the US said Thursday. White House. Read also: Automotive: the shortage of chips is likely to last “The administration is currently identifying potential bottlenecks in the supply ch


The US government plans to act quickly to address the semiconductor shortage that is particularly affecting automakers and plans to take a closer look at how supply chains for essential goods work, a spokesperson for the US said Thursday. White House.

Read also: Automotive: the shortage of chips is likely to last

“The administration is currently identifying potential bottlenecks in the supply chain and is actively working alongside key industry stakeholders and our business partners to do more now,”

said Jen Psaki during her briefing daily press.

The current production of electronic chips in the world does indeed not meet all the demands and the automotive sector, which operates just in time, is particularly affected.

Due to a lack of semiconductors in sufficient stocks, General Motors and Ford have already had to suspend production at several factories and warned that it is expected to cost them several billion dollars.

"To do nothing would be expensive"

President Joe Biden is also expected to sign

an executive order

"in the coming weeks"

ordering a

"comprehensive review of supply chains for essential goods

.

"

“The study will focus on identifying actions that we could take immediately, from improving the physical production of these goods in the United States to cooperating with partners and implementing instead of a coordinated response to the weaknesses and bottlenecks (in supply chains, editor's note) that affect American workers

,

detailed Jen Psaki.

The organization representing semiconductor manufacturers in the United States, SIA, had sent a letter to the White House tenant earlier today calling on it to provide

"solid funding for the incentive to manufacture semiconductors. -conductors, in the form of subsidies and / or tax credits, and for research basic and applied research ”

on the subject.

"Doing nothing would be expensive,"

said the organization in this letter signed by the leaders of AMD, Nvidia, IBM, Intel and Qualcomm among others.

Source: lefigaro

All business articles on 2021-02-11

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