US unveils Americas-wide plan to boost semiconductor production
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US Secretary of State Antony Blinken unveiled a plan for countries in the Americas to boost production of semiconductors. The plan aims to turbocharge countries' capacity to assemble, test, and package semiconductors, starting with Mexico, Panama, and Costa Rica. The goal is for the Americas to play a bigger role in the global supply chain for semiconductors, which are used in various products from cell phones to weapons systems. The plan is part of the Americas Partnership for Economic Prosperity program launched by President Joe Biden. The United States wants to diversify semiconductor supply chains in order to reduce dependence on China for this technology.
#SemiconductorProduction #Americas #SupplyChain #China #AntonyBlinken #Mexico #Panama #CostaRica #JoeBiden
https://www.legit.ng/business-economy/economy/1602816-us-unveils-americas-wide-plan-boost-semiconductor-production/
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