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Infineon Technologies’ senior vice president, Sean Schlusser, told Granthshala Business this is an “exciting,” but “stressful time” for the semiconductor plant. Texas The world is grappling with chip shortage.

“It’s a really exciting time. It’s a very stressful time, I have to admit, because we’re trying to do everything we can to support customers, deliver, support their business and that The past year has been a real challenge, Sluser told Granthshala Business in an interview that aired Wednesday on “Mornings with Maria.”

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Semiconductor chip shortages were fueled by certain regulations implemented – and decisions made – during the COVID-19 pandemic.

The shortage hit the auto sector heavily throughout the year. General Motors announced that it had to reduce some truck production in North America due to global chip shortages. Ford has also withdrawn production at several factories.

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On Wednesday, Granthshala Business’ Lydia Hu provided an inside look at the production process of Infineon Technologies’ Texas semiconductor plant, and explained that executives already in “high”,The pressure industry is “working harder than ever” to meet demand.

Ford, Global Foundries Team Up on Chip Shortage: ‘Just the Beginning’

In June, the Senate endorsed a $52 billion subsidy for computer-chip manufacturing.

American part of the chip Production dropped from 37% in 1990 According to the Semiconductor Industry Association report, just 12% in 2021. East Asia It accounts for about 75% of the world’s total semiconductor manufacturing capacity.

The report said that “because 75% of global capacity is already concentrated in East Asia, maintaining domestic manufacturing capabilities is essential to ensure that the US semiconductor industry has a highly resilient, geographically diverse supply chain.”

“This is especially important for semiconductors used in US advanced defense systems,” the report continued.

US Commerce Secretary Gina Raimondo said in May that a proposed $52 billion boost in US government funding for semiconductor production and research could result in seven to 10 new US factories.

Hu pointed out on Wednesday that even if the proposed $52 billion investment is approved, “it will take years to build the necessary manufacturing facilities” and that is why pre-existing fabrication plants “are so important right now.”

Greg Abbott of Texas Gov. and Samsung Electronics Co. announced late last month that the South Korean tech giant would build a $17 billion semiconductor factory in Taylor, Texas.

The governor described the move as “the biggest foreign direct investment in the state” during a press conference. Texas sometimes.”

Vice Chairman and CEO, Samsung Electronics Device Solutions Division, Dr. Keenum Kim said Samsung expects more than 2,000 hi-tech jobs directly with the plant in Taylor and thousands more related to the plant fully operational.

The chip-making factory coming to Taylor will also be the biggest Investment Made by Samsung in the US, the firm’s “total investments in the US have exceeded $47 billion since it began operations in the country in 1978,” the company said in a news release.

speaking withSunday morning promise,” Abbott declared that his state “will be home to semiconductor manufacturing going forward.”

The governor of Texas pointed to Samsung’s investment in Taylor, saying that a week before that announcement, “Texas Instruments announced a $30 billion investment for Semiconductors.”

“They will help with the semiconductor supply chain process,” he told host Maria Bartiromo.

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“The country made a mistake in the last decade or two to manufacture all these essential supplies, whether it is semiconductors now or may be the health care supplies that we needed in the time of COVID, whatever the case may be, it is up to us no need to stay China Or for our essential needs in other countries, for things like semiconductors,” the Republican governor argued during the exclusive interview.Sunday morning promise,

“That’s why Texas is really moving forward, becoming home to the semiconductors that go into everything that people use,” he said.

“It’s not just your iPhone or your laptop or whatever the case may be,” he said. “It’s also in all the vehicles you’re building.”

Granthshala Business’ Braque Dumas contributed to this report.