Biden team says global chip shortage to stretch through 2022United States & Canada – South China Morning Post

Source: United States & Canada – South China Morning PostThe Biden administration has concluded that a global semiconductor shortage will persist until at least the second half of this year, promising long-term strain on a range of US businesses including car makers and the consumer electronics industry.US officials plan to investigate claims of possible price gouging for chips used by vehicle and medical device makers, Commerce Secretary Gina Raimondo said Tuesday.“We aren’t even close to being out of the woods as it relates to the supply problems…Read More

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