Protecting Semiconductor Supply: Working Group and Threat Reports
This act aims to protect the supply of critical materials for semiconductor production, essential for many electronic devices, from phones to cars. It mandates the establishment of a special working group to monitor and analyze the impact of global events, such as wars or natural disasters, on the availability of these materials. This will enable the government to better prepare for potential disruptions, which can help maintain price stability and availability of electronic products for citizens.
Key points
Establishment of an interagency working group to monitor and address semiconductor supply chain issues, aiming to ensure stability in the electronics market.
Requirement for regular reports to Congress on the impact of global events (e.g., wars, disasters) on the semiconductor supply chain, allowing for quick responses to potential threats.
Analysis of the impact of the conflict in Ukraine on the supply of key raw materials (e.g., palladium, neon) and the search for alternative sources, to prevent shortages and price increases for electronic products.
98%
VOTING RESULTS
2022-04-27
For
414
Against
9
Abstain
0
Status:
Expired
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