Politico April 17, 2024
With help from Derek Robertson
Read a just-published report from POLITICO’s Hailey Fuchs on the Chinese Embassy’s efforts to lobby against a bill that would force the sale of TikTok.
As resilient as some parts of the tech economy are, leaders keep learning the hard way that the world has some pretty big bottlenecks as well — potential chokepoints in global supply chains that are hard to plan around, and very expensive to fix.
The pandemic exposed one big Achilles’ heel for the global tech industry: its shockingly fragile supply chain for semiconductors. Covid lockdowns shrank chip production, which relies on a few companies in Asia; their depleted inventories could not keep up when stuck-at-home consumers suddenly spiked demand for...
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