Sec. Raimondo warns US is far from resolving chip shortage

Sec. Raimondo warns US is far from resolving chip shortage

2 years ago
Anonymous $dEyjbtEkMr

https://techcrunch.com/2022/01/25/sec-raimondo-warns-us-is-far-from-resolving-chip-shortage/

The United States Department of Commerce Tuesday released results from a survey of 150 companies, aimed at getting a better picture of just how widespread of a supply crunch is currently plaguing the semiconductor market. The automotive and medical industries have been disproportionately impacted by the shortage.

In a press briefing accompanying the findings, Commerce Secretary Gina Raimondo described the issue in stark terms, noting, “We aren’t even close to being out of the woods as it relates to the supply problems with semiconductors.” She added that the crunch is likely to last into the second half of the year — if not longer.