Quote from Ndubuisi Ekekwe on November 21, 2023, 8:29 AM

This is how the US drives incentives in markets; Africa needs to learn from the playbook.

Moving to fill a gap in the supply chain for chips, the U.S. Commerce Department unveiled a $3 billion program to kickstart the industry of semiconductor packaging, or assembling. The funds derive from the $100 billion Chips and Sciences Act, which aims to rebuild domestic production of the electrical components used in everything from phones to missiles. The U.S. has 3% of global packaging capacity, compared with China's 38%. The resulting reliance of America on Asia for packaging creates national security and supply-chain risks, the Commerce Dept. said. (LinkedIn)