The lack of semiconductors affects the US economy, prompting the president to launch an investigation to see how to act.
The shortage of electronic microchips due to the lack of self-sufficiency of factories to produce semiconductors is affecting the economy of the United States, dependent on these components for the correct commercial flow of its industries. This circumstance, aggravated by COVID-19, has led the President of the United States, Joe Biden, to initiate an investigation that allows an early solution to be found.
According to GameSpot, after the collective letter sent by different companies and sectors affected by this inconvenience last week, the president will sign an order on Wednesday afternoon to start a one hundred-day Reviews of semiconductor production chains. With this, it seeks to identify the exact problem and, consequently, an alternative strategic solution that alleviates the effects of the pandemic on the North American economy in this regard.
Lisa Su, CEO of AMD
The information makes it explicit that this order from the president will also include a call to companies such as Sony (responsible for PlayStation), Apple (iPhone, iPad devices), AMD (manufacturer of processors and graphics chip for both PlayStation 5 and Xbox Series X | S , in addition to graphics cards) and Qualcomm (designer of Snapdragon processors, used by many mobile brands) so that the executive can take note of these supply problems in semiconductors.
“Semiconductors play a critical role in enabling products and services that fuel our economy, contribute to American innovation, and enhance our national security,” read the letter sent to the president last week. “Due to the central role played by semiconductors, strengthening the United States’ position in semiconductor research, design and manufacturing is a national priority,” they argue in the note, which has convinced Biden.
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Without these components, the manufacture of mobile devices, consoles and computer components that require said semiconductors cannot be completed, so that stock problems are exacerbated to the point of an alarming lack of units in stores.
AMD estimated weeks ago that there will be no standard production flow until the second half of 2021. For his part, Hiroki Totoki, Sony’s chief financial officer, acknowledged at the beginning of February that the serious supply problems of the PlayStation 5 were due eminently to lack of materials.
When asked about it, Jim Ryan, CEO of PlayStation, responded on behalf of the company that “the demand was above what we expected”, but the lack of components prevented meeting that enormous demand. The CEO does not expect there to be “decent numbers” of PS5 units in stores until the second half of 2021.
