archivechip shortage

India has approved a $10 billion incentive plan to attract semiconductor and display manufacturers in a bid to boost domestic manufacturing.

India is reportedly in talks with the Taiwanese government that would bring a chip facility to the country worth an estimated $7.5 billion.

The ongoing chip shortage has impacted the global PC shipments which slowed to 4.6% year-on-year for the second quarter of 2021.

The challenges of chip shortage can be addressed by government actions, including funding incentives to boost domestic chip production and research.