US President Joe Biden is pushing domestic production of semiconductors amid a global chip shortage. Photo: Reuters   US President Joe Biden is pushing domestic production of semiconductors amid a global chip shortage. Photo: Reuters
US President Joe Biden is pushing domestic production of semiconductors amid a global chip shortage. Photo: Reuters

Global chip shortage likely to last through 2021 and even into 2022 as industry grapples with increasingly complex market forces

  • The crunch, which began with automotive chips that control car brakes, has spread to consumer electronics
  • US-China tech war and pandemic have complicated demand curve in a capital-intensive industry with global supply chains

Topic |   China technology
US President Joe Biden is pushing domestic production of semiconductors amid a global chip shortage. Photo: Reuters   US President Joe Biden is pushing domestic production of semiconductors amid a global chip shortage. Photo: Reuters
US President Joe Biden is pushing domestic production of semiconductors amid a global chip shortage. Photo: Reuters
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