shortages

US semiconductor manufacturers are grappling with severe workforce shortages

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US semiconductor manufacturers are grappling with severe workforce shortages

President Joe Biden recently visited Intel’s Ocotillo campus in Chandler, Arizona to view a semiconductor wafer. The White House announced funding of nearly $20 billion to support Intel’s US chip manufacturing facilities, in an effort to combat China’s dominance in technology. The United States has invested billions to revive domestic semiconductor manufacturing and reduce reliance … Read more

Ministry document reveals Vietnam’s failure to secure Intel and LG Chem investments due to incentive shortages

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Ministry document reveals Vietnam’s failure to secure Intel and LG Chem investments due to incentive shortages

Vietnam is experiencing a loss of billions of dollars in investments from major multinationals like Intel and LG Chem due to a lack of sufficient investment incentives, according to a document from the country’s investment ministry. Intel had proposed a $3.3 billion investment in Vietnam and requested 15% “cash support,” but ultimately decided to move … Read more