Today: Thursday, 11 August 2022 year

In the US, they announced a panic fear of losing access to chips from Taiwan

In the US, they announced a panic fear of losing access to chips from Taiwan

Loss of access to critical semiconductor components produced by Taiwanese partners will lead to a deep and immediate recession in the US economy. This was announced on Friday by US Secretary of Commerce Gina Raimondo.

According to the official, the US defense industry is 80 percent dependent on the supply of semiconductor components from Taiwan.

“Losing access to this supply chain, she said, would represent significant national security risks,” Raimondo said.

In addition, the minister stressed that American industrialists receive up to 90 percent of the chips produced using modern technologies from the manufacturing sector in Taiwan.

Earlier it was reported that the administration of the US President was concerned about possible retaliatory measures by the Chinese authorities to disrupt the working visit to Taiwan of the representative of the US Congress Nancy Pelosi.