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10 Nov
18:12

US governors call for semiconductor reshoring funding

A coalition of US state governors is asking Congress to support the Creating Helpful Incentives for the Production of Semiconductors For America (CHIPS) Act, Kallanish learns from a jointly signed letter. “In the first three quarters of 2021, automakers in North America lost an estimated 2.2 million vehicles from planned production, equating to over 3,000 lost assembly plant production days,” the letter states. “Moreover, the shortage shows no si…
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