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The White House has discouraged Intel from stimulating chip production in China

November 14, 2021
Source: bembnews.com bembnews.com
News Snapshot:
[How do we know when the sun will die?] The safety of President Biden and domestic production efforts may have a pronounced effect on Intel’s plans. Bloomberg sources states that the White House “strongly discouraged” Intel from increasing chip production in China to help address chip shortages. Improved capacity could be available before the end of 2022, but the Biden administration had been concerned about security concerns. The semiconductor company has not completely ruled out an increase in future Chinese production, according to tipsters. However, Intel is believed to have “no plans” currently. Intel did not directly acknowledge the government’s...
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Tags: Biden | Bloomberg | China | Chinese | chip | chips | commission | development | Economy | Europe | expansion | factory | Honor | Huawei | Intel | IT | law | manufacturing | network | semiconductor | supply chain | technology | United States | White House | ZTE

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