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White House reportedly discouraged Intel from boosting chip production in China

November 14, 2021
Source: aiupnow.com aiupnow.com
News Snapshot:
#Tech President Biden's security and domestic production efforts may have a pronounced effect on Intel's plans. Bloomberg sources claim the White House "strongly discouraged" Intel from ramping up chip production in China to help address chip shortages. The improved capacity could have been available before the end of 2022, but the Biden administration was reportedly worried about security issues. The semiconductor firm didn't completely rule out future Chinese production increases, according to the tipsters. However, Intel is believed to have "no plans" at present. Intel didn't directly acknowledge the government objection in a statement, but welcomed "other solutions" to help...
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Tags: Beats | Biden | blog | Bloomberg | China | Chinese | chip | chips | development | Economy | Europe | expansion | factory | government | Honor | Huawei | Intel | IT | law | manufacturing | semiconductor | supply chain | technology | White House | ZTE

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