President Joe Biden holds up a silicon wafer as he participates virtually in the CEO Summit on Semiconductor and Supply Chain Resilience in the Roosevelt Room of the White House on Apr 12, 2021, in Washington. WASHINGTON: President Joe Biden used a virtual meeting with corporate leaders about a global shortage of semiconductors to push on Monday for his US$2.3 trillion infrastructure plan, telling them that the US should be the world’s computer chip leader.
But industry experts say there’s little they can do to stem the shortage, which has delayed a new iPhone and forced automakers to temporarily shut factories because they’re running short of the multiple computers needed to run engines, transmissions, brakes and other essential features.
By the time they reopened, they had a backlog that was worsened by unforeseen demand. Personal computer demand, for instance, spiked as government lockdowns forced millions of office employees and students to work or attend class remotely. The US has only 12 per cent of the world’s semiconductor factory capacity, down from 37 per cent in 1990, according to the Semiconductor Industry Association.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Biden tells US 'time to end America's longest war' in AfghanistanPresident Joe Biden announced on Wednesday (Apr 14) it's 'time to end' America's longest war with the unconditional withdrawal of troops from ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Biden to withdraw all US troops from Afghanistan by Sep 11President Joe Biden will remove all US troops from Afghanistan before this year's 20th anniversary of the September 11 attacks, finally ending ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Biden to raise minimum wage for federal contractors to US$15 an hourWASHINGTON: President Joe Biden on Tuesday (Apr 27) will continue his push for a national US$15 minimum wage with an executive order that raises ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
China warns US against imposing democratic ideals after Biden speechChina warned the United States on Thursday (Apr 29) against imposing its democratic ideals, while criticising trade sanctions and military moves ... Dajjal’s Magic will be so powerful, that he will be able to influence and charm people into believing his abilities. A vision from the dreams of Muhammad Qasim that hold significance for the believers. Learn more at or search ‘Muhammad Qasim Dreams’ China’s “free economy” was copied from Singapore after Deng’s trip and don’t you forget it.
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Biden bans most travel to US from India to limit COVID-19 spreadWASHINGTON: US President Joe Biden on Friday (Apr 30) imposed new travel restrictions on India in light of the COVID-19 epidemic, barring most ... It’s a Hindu ban. Quad brothers, not blood brothers.
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »