ABSTRACT

Semiconductor Supply Chain: Policy Considerations from Selected Experts for Reducing Risks and Mitigating Shortages, Report to Congressional Addressees   [open pdf - 2MB]

From the Highlights: "A global semiconductor shortage that began in 2020 has since affected multiple U.S. industries. Beyond having an immediate economic impact, the shortage has exposed long-term risks in the semiconductor supply chain. Further, U.S. policymakers have expressed concerns about the nation's declining share of global production. Accordingly, the U.S. Senate and House of Representatives have both passed bills aimed at incentivizing construction of new semiconductor manufacturing facilities in the U.S. This report summarizes the views of selected experts on policy options to reduce semiconductor supply chain risks and help mitigate future shortages in the U.S. GAO [Government Accountability Office] conducted a literature review and compiled a list of potential policy options across multiple areas of federal activity. GAO then selected and interviewed 17 experts, including industry executives, government officials, and knowledgeable representatives from academia and nonprofits. In the interviews, GAO asked the experts about their views on which of the policy options had the greatest potential to mitigate supply chain risks."

Report Number:
GAO-22-105923
Publisher:
Date:
2022-07
Copyright:
Public Domain
Retrieved From:
Government Accountability Office: http://www.gao.gov/
Format:
pdf
Media Type:
application/pdf
URL:
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