President Biden orders review of semiconductor shortage amid PS5, Xbox stock problems – GamesIndustry.biz1 min read

https://www.gamesindustry.biz/articles/2021-02-25-president-biden-orders-review-of-semiconductor-shortage-amid-ps5-xbox-stock-problems

S, as well as high-end graphics chips for PCs.According to the Semiconductor Industry Association, US semiconductor firms account for 47% of all chip sales worldwide– however just 12% of manufacturing is dealt with in the US.The President has also promised to seek significant financial investment for efforts to resolve this situation.”Im directing senior officials in my administration to work with commercial leaders to determine options to the semiconductor shortage,” he said.”A recent report from Ampere Analysis suggested supply restrictions have actually prevented both new PlayStation and Xbox consoles from exceeding their predecessors launch sales.Following Microsofts most recent financial outcomes, chief monetary officer Amy Hood stated the business anticipates Xbox sales to “still be constrained by supply” throughout the first quarter of 2021.

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