White House seeks to address semiconductor chips crisis harming automakers

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WASHINGTON : The White House will discuss ways to overcome a semiconductor chip supply crisis that is cutting auto production around the world in a new round of meetings with major companies on Thursday.Commerce Secretary Gina Raimondo and White House National Economic Council director will host companies

WASHINGTON : The White House will discuss ways to overcome a semiconductor chip supply crisis that is cutting auto production around the world in a new round of meetings with major companies on Thursday.

The administration is seeking comments within 45 days to get details about"supply and demand, inventory, ordering and customer segments," a Biden administration official told reporters Wednesday. The administration wants to ensure it is"maximizing our technical and material assistance to these locations to keep key semiconductor manufacturing facilities and other important facilities up and running."

The issue has taken on a strong diplomatic hue as Taiwan scrambles to reassure the United States, its most important international supporter and arms supplier, that it is doing all it can, especially at a time when Taipei is facing increased military pressure from China, which views Taiwan as its own.

 

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