Politics Semiconductor Shortage: Biden will participate on the top Monday with CEOs
Special report: Microchip security continues to confound Pentagon
Nearly nine years ago, the Senate Armed Services Committee reported the results of an investigation of counterfeit electronic parts in the U.S. military. The year-long probe found fully 1 million bogus parts, including components for several types of combat aircraft. “Our report outlines how this flood of counterfeit parts, overwhelmingly from China, threatens national security, […] The post Special report: Microchip security continues to confound Pentagon appeared first on Roll Call.
Joe Biden President will participate on Monday at the Virtual Summit with the leaders of the leading electronics and automobiles of the Country, about the global scarcity of semiconductors, to study with them how to strengthen the supply and manufacture in the United States.
The White House announced that Joe Biden would join "briefly" at this meeting, led by the director of the Economic Council of the White House, Brian Deese, the National Security Advisor, Jake Sullivan, and the Secretary of Commerce, Gina Raimondo.
The participation of 19 companies has been announced.
Senate’s China Strategy Takes Shape With Bill to Invest in U.S.
A Senate approach to counter China is taking shape with a bill introduced Thursday directing the U.S. government to adopt a policy of “strategic competition” with China to “protect and promote our vital interests and values.” © Bloomberg An employee wearing a cleanroom suit walks through the thin film bay inside the GlobalFoundries semiconductor manufacturing facility in Malta, New York, U.S., on Tuesday, March 16, 2021. Production plants for semiconductors have become a focal point as the economic recovery from the pandemic is held back in areas by a shortage of some of the critical electronic components necessary.
CEOs of Ford and General Motors Automobile Builders, American Alphabet Technology Groups, Google House, and Intel, must be present, as well as Mark Liu, Executive Chairman of Taiwan Semiconductor Manufacturing Company (TSMC), the One of the leading semiconductor manufacturers.
The leaders of the BIDEN administration also intend to advocate for their investment plan of $ 2,000 billion, presented at the end of March and which will be the subject of bitter negotiations in the congress in the coming months.
Strengthening the manufacture of semiconductors in the country is part of it.
The communication equipment (Internet box, computers, telephones), for which the demand has bonded with the pandemic, were the first affected by this global shortage.
The automotive industry is now the most visible victim with a highly slow production. General Motors and Ford have thus been constrained, repeatedly, to temporarily suspend production lines.
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Why Biden is making more progress on economic than social issues .
The magnitude of the economic proposals that President Joe Biden may pass through Congress this year is drawing legitimate comparisons to Franklin D. Roosevelt's New Deal and Lyndon B. Johnson's Great Society.But Biden simultaneously faces the prospect that almost all of his legislative initiatives revolving around social, cultural and racial equity issues, from immigration to gun control and LGBTQ rights, could die in the Senate.