Readout of White House CEO Summit on Semiconductor and Supply Chain Resilience

first_imgReadout of White House CEO Summit on Semiconductor and Supply Chain Resilience The White HouseToday, President Joseph R. Biden, Jr. briefly joined National Security Advisor Jake Sullivan, Director of the National Economic Council Brian Deese, and Secretary of Commerce Gina Raimondo during a virtual event with CEOs and senior leaders from industries affected by the semiconductor shortage – including representatives from American semiconductor producers, tech companies, automotive manufacturers, and other companies that use semiconductors.The semiconductor shortage, which is impacting American workers and families right now, is a top and immediate priority for the President and his senior most advisors on economic and national security. The White House heard directly from industry leaders on the impact of the chip shortage and discussed short and long-term approaches to address it. Participants emphasized the importance of improving transparency in the semiconductor supply chain to help mitigate current shortages and improving demand forecasting across the supply chain to help mitigate future challenges. They also discussed the importance of encouraging additional semiconductor manufacturing capacity in the United States to make sure we never again face shortages. Finally, they discussed how the President’s infrastructure investments in the American Jobs Plan strengthen America’s competitiveness and national security by building the infrastructure of tomorrow and strengthening supply chain resilience – ensuring that the United States remains a global leader in critical technologies and the transition to a clean energy future. /Public Release. This material comes from the originating organization and may be of a point-in-time nature, edited for clarity, style and length. View in full here. Why?Well, unlike many news organisations, we have no sponsors, no corporate or ideological interests. We don’t put up a paywall – we believe in free access to information of public interest. Media ownership in Australia is one of the most concentrated in the world (Learn more). Since the trend of consolidation is and has historically been upward, fewer and fewer individuals or organizations control increasing shares of the mass media in our country. According to independent assessment, about 98% of the media sector is held by three conglomerates. This tendency is not only totally unacceptable, but also to a degree frightening). Learn more hereWe endeavour to provide the community with real-time access to true unfiltered news firsthand from primary sources. It is a bumpy road with all sorties of difficulties. We can only achieve this goal together. Our website is open to any citizen journalists and organizations who want to contribute, publish high-quality insights or send media releases to improve public access to impartial information. You and we have the right to know, learn, read, hear what and how we deem appropriate.Your support is greatly appreciated. All donations are kept completely private and confidential.Thank you in advance!Tags:america, american, building, clean energy, commerce, director, Government, industry, infrastructure, participants, President, resilience, Secretary, security, supply chain, United States, White Houselast_img read more