{"id":691,"date":"2022-06-02T12:05:47","date_gmt":"2022-06-02T12:05:47","guid":{"rendered":"https:\/\/telcochamps.com\/latestnews\/?p=691"},"modified":"2022-06-02T12:05:50","modified_gmt":"2022-06-02T12:05:50","slug":"global-chip-shortage-likely-to-last-through-2023-us-official","status":"publish","type":"post","link":"https:\/\/telcochamps.com\/latestnews\/global-chip-shortage-likely-to-last-through-2023-us-official\/","title":{"rendered":"Global chip shortage likely to last through 2023: US official"},"content":{"rendered":"\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-kz6j19eu-0f9e296dc1c2968d92f6fdf81dea1f5b\">\n#top .av-special-heading.av-kz6j19eu-0f9e296dc1c2968d92f6fdf81dea1f5b{\npadding-bottom:10px;\n}\nbody .av-special-heading.av-kz6j19eu-0f9e296dc1c2968d92f6fdf81dea1f5b .av-special-heading-tag .heading-char{\nfont-size:25px;\n}\n.av-special-heading.av-kz6j19eu-0f9e296dc1c2968d92f6fdf81dea1f5b .av-subheading{\nfont-size:15px;\n}\n<\/style>\n<div  class='av-special-heading av-kz6j19eu-0f9e296dc1c2968d92f6fdf81dea1f5b av-special-heading-h2 blockquote modern-quote modern-centered  avia-builder-el-0  el_before_av_image  avia-builder-el-first '><h2 class='av-special-heading-tag'  itemprop=\"headline\"  >Global chip shortage likely to last through 2023: US official <\/h2><div class=\"special-heading-border\"><div class=\"special-heading-inner-border\"><\/div><\/div><\/div>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-kz6ivvar-bfefc344dcc6ed4c4b3090ae99f8e86a\">\n.avia-image-container.av-kz6ivvar-bfefc344dcc6ed4c4b3090ae99f8e86a .av-image-caption-overlay-center{\ncolor:#ffffff;\n}\n<\/style>\n<div  class='avia-image-container av-kz6ivvar-bfefc344dcc6ed4c4b3090ae99f8e86a av-styling- avia-align-center  avia-builder-el-1  el_after_av_heading  el_before_av_textblock '  itemprop=\"image\" itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/ImageObject\" ><div class=\"avia-image-container-inner\"><div class=\"avia-image-overlay-wrap\"><img decoding=\"async\" class='wp-image-692 avia-img-lazy-loading-not-692 avia_image' src=\"https:\/\/telcochamps.com\/latestnews\/wp-content\/uploads\/2022\/06\/Global-chip-shortage-likely-to-last-through-2023-US-official.jpg\" alt='' title='Global chip shortage likely to last through 2023 US official'  height=\"430\" width=\"1030\"  itemprop=\"thumbnailUrl\" srcset=\"https:\/\/telcochamps.com\/latestnews\/wp-content\/uploads\/2022\/06\/Global-chip-shortage-likely-to-last-through-2023-US-official.jpg 1030w, https:\/\/telcochamps.com\/latestnews\/wp-content\/uploads\/2022\/06\/Global-chip-shortage-likely-to-last-through-2023-US-official-300x125.jpg 300w, https:\/\/telcochamps.com\/latestnews\/wp-content\/uploads\/2022\/06\/Global-chip-shortage-likely-to-last-through-2023-US-official-768x321.jpg 768w, https:\/\/telcochamps.com\/latestnews\/wp-content\/uploads\/2022\/06\/Global-chip-shortage-likely-to-last-through-2023-US-official-705x294.jpg 705w\" sizes=\"(max-width: 1030px) 100vw, 1030px\" \/><\/div><\/div><\/div>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-kz6iolbj-d1c3ae84ab0ca0c94ac309e3a8a67a8f\">\n#top .av_textblock_section.av-kz6iolbj-d1c3ae84ab0ca0c94ac309e3a8a67a8f .avia_textblock{\nfont-size:14px;\ncolor:#000000;\n}\n\n@media only screen and (min-width: 768px) and (max-width: 989px){ \n#top .av_textblock_section.av-kz6iolbj-d1c3ae84ab0ca0c94ac309e3a8a67a8f .avia_textblock{\nfont-size:14px;\n}\n}\n\n@media only screen and (min-width: 480px) and (max-width: 767px){ \n#top .av_textblock_section.av-kz6iolbj-d1c3ae84ab0ca0c94ac309e3a8a67a8f .avia_textblock{\nfont-size:14px;\n}\n}\n\n@media only screen and (max-width: 479px){ \n#top .av_textblock_section.av-kz6iolbj-d1c3ae84ab0ca0c94ac309e3a8a67a8f .avia_textblock{\nfont-size:14px;\n}\n}\n<\/style>\n<section  class='av_textblock_section av-kz6iolbj-d1c3ae84ab0ca0c94ac309e3a8a67a8f'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock av_inherit_color'  itemprop=\"text\" ><p><span style=\"font-weight: 400;\">Gina Raimando, US Commerce Secretary said, \u201cThe Global shortage of critical semiconductors is likely to last at least through next year and perhaps longer.\u201d Last year due to Covid-19 many key asian suppliers shut down and the supplies were affected.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Raimondo also added, \u201cI do not unfortunately see the chip shortage abating in any meaningful way anytime in the next year.\u201d She said she discussed the chip shortage with leaders and CEOs in the chip manufacturing industry and they said in 2023 and possibly in early 2024 we\u2019ll see some relief. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">She has asked the Congress to act on the final form of legislation which is The US Senate and the House of Representatives each have approved $52 billion bills- the CHIPS Act and the America COMPETES Act- that would invest in domestic chip research and manufacturing.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">According to Raimando, if Congress doesn\u2019t act quickly then, the key producers like Samsung, Intel and Micron will start to build in another country and that will be hugely problematic. The computer chips are used in a wide array of products from smartphones to vacuum cleaners and medical devices. Every other country has subsidies on the table now.<\/span><\/p>\n<\/div><\/section>\n","protected":false},"excerpt":{"rendered":"","protected":false},"author":1,"featured_media":692,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"image","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-691","post","type-post","status-publish","format-image","has-post-thumbnail","hentry","category-telecom","post_format-post-format-image"],"jetpack_featured_media_url":"https:\/\/telcochamps.com\/latestnews\/wp-content\/uploads\/2022\/06\/Global-chip-shortage-likely-to-last-through-2023-US-official.jpg","_links":{"self":[{"href":"https:\/\/telcochamps.com\/latestnews\/wp-json\/wp\/v2\/posts\/691","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telcochamps.com\/latestnews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telcochamps.com\/latestnews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telcochamps.com\/latestnews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/telcochamps.com\/latestnews\/wp-json\/wp\/v2\/comments?post=691"}],"version-history":[{"count":1,"href":"https:\/\/telcochamps.com\/latestnews\/wp-json\/wp\/v2\/posts\/691\/revisions"}],"predecessor-version":[{"id":693,"href":"https:\/\/telcochamps.com\/latestnews\/wp-json\/wp\/v2\/posts\/691\/revisions\/693"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/telcochamps.com\/latestnews\/wp-json\/wp\/v2\/media\/692"}],"wp:attachment":[{"href":"https:\/\/telcochamps.com\/latestnews\/wp-json\/wp\/v2\/media?parent=691"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telcochamps.com\/latestnews\/wp-json\/wp\/v2\/categories?post=691"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telcochamps.com\/latestnews\/wp-json\/wp\/v2\/tags?post=691"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}