Wednesday, March 3, 2021

WORLDRETHINK: Twitter tour on March 3, 2021 - In the Tech Kingdom, chips shortage

#WR: In the technology kingdom, shortage of chips. @WSJ wrote “A shortage of semiconductor manufacturing capacity is a complex problem that government dollars alone won’t solve. “ Months ago, everybody was repeating that our factories returned to America (???) What is the truth?


In a special report, The Wall Street Journal comments that: "Fixing the production shortage plaguing the chip industry will take a lot of money. It will also take a lot more than money."


"President Biden signed an executive order last week requiring a 100-day review of key supply chains, including semiconductors. He also said he would seek $37 billion in funding to help the domestic chip industry boost capacity. The time frame on that proposed spending wasn’t given—and it amounts to a little over half of the capital expenditures the chip-making industry is already projected to spend globally on wafer fabrication equipment for just this year alone."


In summary, the current chips shortage shows that the semiconductors industry didn't make the right investment in production plants in the United States in the last times. Now, we are depending on the big manufacturing plants of Taiwan, an island-country that is in the eyes of the Chinese President Xi. 


SOURCES: The Wall Street Journal, Intel news, my tech think tank

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