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White House shot down Intel plans to increase chip production in China AppleInsider

November 14, 2021
Source: appleinsider.com appleinsider.com
News Snapshot:
The White House has reportedly discouraged an #Intel plan to increase chip production in China over security concerns, according to a new report. Credit: Intel Intel has proposed using a facility in Chengdu, China to make silicon wafers. According to Bloomberg, the production could kick off by the end of 2022 and could help mitigate supply chain issues. Bloomberg reports that the Biden administration strongly discouraged the plan. Although the White House is working to alleviate supply crunches, it's also working to bring critical component construction back to the U.S. Reportedly, the administration is currently mulling whether to place restrictions...
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Tags: Apple | Automotive | Biden | Bloomberg | Chengdu | China | chip | construction | credit | Europe | expansion | facility | government | Intel | investment | IT | manufacturing | production | report | Security | semiconductor | share | supply chain | technology | White House

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