Harris holds Singapore talks as US tackles chip shortage

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Trade Minister Gan Kim Yong warned 'there are limits and challenges to what a country can do on its own...Electronics and semiconductor supply chains are complex and need to be globally optimised'.

The chip crunch was initially triggered by higher sales of consumer electronics during the coronavirus pandemic but has been exacerbated by supply chain problems caused by disruptions at key plants.

Asia is the centre of the chip industry and during a visit to Singapore, Harris said in a meeting with officials and executives that the pandemic highlighted the vulnerability of global supply chains. "So there must be some collaboration, and at least some coordination, around what we do to meet the demand."The chip shortages have triggered calls in Western countries to strengthen their domestic semiconductor industries to protect against future shocks.

 

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