US President Joe Biden holds up a silicon wafer as he participates virtually in the CEO Summit on Semiconductor and Supply Chain Resilience in the White House, April 12, 2021. Photo: AP
US-China tech war: semiconductor supply chain risks a worry for both sides
- US Commerce Secretary Gina Raimondo said the country’s lack of semiconductor production was a ‘national security risk and an economic security risk’
- China will encourage private and foreign entities to invest more in its semiconductor industry to strengthen the country’s supply chain, an MIIT official said
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US President Joe Biden holds up a silicon wafer as he participates virtually in the CEO Summit on Semiconductor and Supply Chain Resilience in the White House, April 12, 2021. Photo: AP