U.S. Advocates for Diversification of Global Chip Supply Chain, Urges Semiconductor Expansion in Philippines
During a business forum in Manila, Commerce Secretary Gina Raimondo underscored the importance of diversifying the global chip supply chain. Raimondo stated that the United States aims to assist the Philippines in doubling its semiconductor facilities, addressing concerns about the concentration of chip manufacturing in specific geographical regions. Raimondo’s remarks follow a recent trade mission…