The U.S. government has pledged to take immediate action to resolve the global “chip shortage” and is now looking for bottlenecks in the supply chain and discussing immediate solutions with the business community and trading partners, and in the long term will also develop a comprehensive strategy to avoid supply bottlenecks and solve other problems faced by the semiconductor industry over the years.
U.S. White House spokeswoman Sharkey said the government is trying to solve the global semiconductor shortage problem. She said President Joe Biden will sign an executive order in the coming weeks directing relevant departments to conduct an extensive review of the semiconductor supply chain in the coming weeks.
Bloomberg reported that the review will be led by the National Economic Council and the National Security Council and completed within 100 days, focusing on semiconductor manufacturing, advanced packaging technologies, key mining sources, medical supplies, and high-performance batteries for electric vehicles and other areas. The Biden Administration is also expected to complete another supply chain assessment within a year, focusing on materials, technology and infrastructure, as well as other raw materials related to defense, public health, telecommunications, energy and transportation.
The Financial Times and the Wall Street Journal both cited White House officials as saying that the government is in “active dialogue” with car manufacturers, semiconductor companies and foreign diplomats to understand what actions can be taken to ensure that U.S. workers are no longer negatively impacted by the chip shortage, while continuing to obtain necessary supplies during the New Crown (Chinese Communist virus) outbreak. Officials said that while the government’s assessment operations are focused on actions that can be taken in the near future, it is also critical to find long-term solutions to the problems the semiconductor industry has been experiencing for a long Time.
U.S. Intel CEO Shi Wang, Qualcomm CEO Moran Cove and Supermicro CEO Su Zifeng and other 21 chip company chief executives on 11 joint letter to Biden, calling for support for domestic chip production.
Qualcomm’s incoming CEO Ayman said in an interview with Goldman Sachs analysts that U.S. sanctions against huawei may also have exacerbated the global chip shortage dilemma.
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