Electronics Manufacturing Industry Applauds Senate Passage of CHIPS+ Legislation
The electronics manufacturing industry is applauding the U.S. Senate for taking bipartisan action on legislation that will, if enacted, spur a new era of innovation, manufacturing, and investment within the electronics industry. The “CHIPS+” legislation includes more than $52 billion funding to implement the CHIPS Act, at least $2.5 billion for advanced packaging R&D, as well as additional measures to boost American R&D. The measure passed in a bipartisan vote, 64-33.
“This legislation is the first step in strengthening a critical part of the U.S. electronics supply chain,” said IPC president and CEO John Mitchell. “Today's vote demonstrates that a robust and innovative electronics manufacturing industry is a strategic priority for the United States.”