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White House prods companies on chips information request - Netscape Money & Business netscape.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from netscape.com Daily Mail and Mail on Sunday newspapers.
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3 Min Read FILE PHOTO: U.S. President Joe Biden delivers remarks to Defense Department personnel during a visit to the Pentagon in Arlington, Virginia, U.S., February 10, 2021. REUTERS/Carlos Barria WASHINGTON (Reuters) - The White House said Thursday administration officials are working to address a growing shortage of semiconductor chips that has slowed auto production around the world. White House press secretary Jen Psaki said the Biden administration is “currently identifying potential chokepoints in the supply chain and actively working alongside key stakeholders in industry and with our trading partners to do more now.” The issue is one reason Biden plans to sign an executive order in the coming weeks to direct a comprehensive review of supply chain issues for critical goods. ....
By Reuters Staff Slideshow ( 2 images ) WASHINGTON (Reuters) - President Joe Biden said he spoke to Chinese President Xi Jinping for two hours on Wednesday night. “They’re going to, if we don’t get moving, they are going to eat our lunch,” Biden told reporters. It was their first telephone call as leaders, with Biden saying a free and open Indo-Pacific was a priority and Xi warning confrontation would be a ‘disaster’ for both nations. Reporting by Alex Alper; writing by David Shepardson ....