Washington, Feb 25 (Ians) US President Joe Biden has signed an executive order to bolster supply chains in four key areas, including semiconductor chips over a global shortage that has hampered the production of automobiles and smartphones for the tech giants.
The executive order directs the government to conduct 100-day reviews of supply chains in four sets of products, including computer chips and large capacity batteries, like those used in electric vehicles (EVs).
"This is about making sure the United States can meet every challenge we faced in this new era of pandemics, but also in defence cybersecurity, climate change, and so much more," Biden said during a press conference on Wednesday.
Supply chain issues faced at the onset of the Covid-19 and shortfall of personal protective equipment felt at that time partly prompted the executive order.
The development comes at a time when manufacturing shortages have been reported in the...
The executive order directs the government to conduct 100-day reviews of supply chains in four sets of products, including computer chips and large capacity batteries, like those used in electric vehicles (EVs).
"This is about making sure the United States can meet every challenge we faced in this new era of pandemics, but also in defence cybersecurity, climate change, and so much more," Biden said during a press conference on Wednesday.
Supply chain issues faced at the onset of the Covid-19 and shortfall of personal protective equipment felt at that time partly prompted the executive order.
The development comes at a time when manufacturing shortages have been reported in the...
- 2/25/2021
- by Glamsham Bureau
- GlamSham
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