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US $52 billion chip funding could help ease the global chip shortage

US $52 billion chip funding could help ease the global chip shortage PUBLISHED BY The semiconductor chip shortage is far from over but this hasn’t stopped governments around the globe from getting creative to move production ahead. The impact of the chip crisis on the automotive market has been debilitating, resulting in competition between automakers and electronics manufacturers. To prevent the global chip shortage from razing the economy to the ground the U.S. Commerce Secretary Gina Raimondo has proposed a $52 billion boost in U.S. government funding for semiconductor production and research which could result in seven to 10 new U.S. factories.

Chipmakers tighten virus measures - Taipei Times

Chipmakers tighten virus measures READY: TSMC introduced a rotational work schedule when the alert level was raised, so it said operations would not be affected by one of its staff testing positive for COVID-19 Staff writer, with CNA Semiconductor suppliers are on alert over an escalation in domestically transmitted COVID-19 cases in Taiwan, to ensure that there is no interruption to their production, especially amid a global chip shortage. As the companies’ production is predicted to remain unscathed due to tightened disease prevention measures, several IC heavyweights still expect their second quarter sales to smash quarterly records. That is because the semiconductor sector is expected to continue benefiting from solid global demand caused by emerging technologies such as 5G applications, high-performance computing devices and gadgets, including notebook computers, tablets and Internet-related communications equipment used in t

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