US Economy Loses $240 Bln in 2021 Due to Microchip Shortage, Reports Suggest
"Sometimes we've had to scale back production because of chips that were just frankly unavailable...I think it's important for us to make this product in the United States. We're not making enough of it now. We have to make more of it. And the only way that you do that is to have more plants. And so this is the investment, frankly, in the future. It's not that far off", the CEO of the company Optimal Design, Sajid Patel, told the broadcaster on Friday.