24 Feb 2021 -
 General

Biden plans US semicon supply chain review amid shortages, says CNBC

Earlier this month Bloomberg reported that Intel, Qualcomm and other US chipmakers have lobbied President Biden to make a major investment to rejuvenate domestic semiconductor production.

According to CNBC, Biden’s response is to “direct his administration to conduct a review of key U.S. supply chains, including those for semiconductors, high-capacity batteries and rare earth metals”.

The White House is also anticipated to review gaps in domestic manufacturing and supply chains that are dominated by or run through “nations that are or are likely to become unfriendly or unstable.” According to CNBC, though the order does not mention China, the directive is likely in large part an effort by the administration to determine how reliant the U.S. economy and military are on Chinese exports.

CNBC says the pending executive order is “one of the administration’s first tangible efforts to evaluate and shore up American business and defense interests through a thorough review of where key raw materials come from”.

To avoid electronics supply-chain disruptions, you may wish to consult an expert in electronics component supply. With more than three decades of supply-chain expertise, Astute Electronics is ideally placed to work with you on your daily component requirements.

Either through the hundreds of manufacturers we purchase directly from, or the international network of component supply-partners offering full product traceability, Astute Safe-Supply, run by sourcing experts and offers a deeper insight into the global components markets.

With real-time access to the latest listings and prices cultivated through several decades of close supplier partnerships, we are able to spot price disparities and leverage product price variances to deliver cost-effective solutions to customers, whilst ensuring a quality, risk-free supply.

For more help with looking at supply chain options, contact Astute Electronics here

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