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BUSINESS PRODUCTS & SERVICES | Consulting & Outsourcing / Accounting & Finance Services
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Founded Year

1981

Stage

Unattributed | Alive

Total Raised

$136.36M

Last Raised

$136.36M | 3 yrs ago

Revenue

$0000 

About AlixPartners

AlixPartners is a global business advisory firm offering comprehensive services in four major areas: enterprise improvement, turnaround and restructuring services, financial advisory services, and information management services.

AlixPartners Headquarter Location

909 Third Avenue

New York, New York, 10022,

United States

212-490-2500

Latest AlixPartners News

Commerce Sec. Urges House to Pass Act Supporting Manufacture of Semiconductors in US - Report

Nov 30, 2021

Urges House to Pass Act Supporting Manufacture of Semiconductors in US - Report The production of everything from appliances to automobiles is being slowed by a global chip shortage not only in the US, but in the rest of the world as well... 29.11.2021, Sputnik International 2021-11-29T23:44+0000 https://cdnn1.img.sputniknews.com/img/07e5/0b/1d/1091124667_0:32:3073:1760_1920x0_80_0_0_6db8497a42ba15262e47c41822d019e9.jpg US Commerce Secretary Gina Raimondo has encouraged the House to pass legislation supporting US semiconductor chip production as soon as possible to avoid future supply disruptions and reduce the country's reliance on Chinese parts, CNBC reported on Monday.Raimondo discussed the ongoing global chip shortage that has depleted car inventory levels and forced rolling shutdowns of US auto facilities as proof that the country needs to onshore its supply chains for vital components like semiconductor chips.She also pointed out that US chip assembly now accounts for only 12% of worldwide output, down from 40% in the 1990s.The bill in question, the United States Innovation and Competition Act, or USICA, has yet to be passed by the House of Representatives. The CHIPS Act, or Creating Helpful Incentives to Produce Semiconductors for America Act, which is hidden into the bigger competitiveness package, provides $52 billion for domestic semiconductor production and incentives to invest in new semiconductor manufacturing facilities in the US, as well as the establishment of a National Semiconductor Technology Center.Raimondo also stressed that the US can not wait any longer to take action because "the rest of the world isn’t waiting. "The global chip shortage has wreaked havoc on the car industry, but Detroit automakers have been hit harder than others, experts in the media noted. According to consultancy firm AlixPartners' September estimates, the global automobile sector is set to lose $210 billion in revenue this year due to scarcity.Automobile manufacturers such as Ford and General Motors have declared plans to work more closely with semiconductor suppliers, even forming partnerships, in order to avoid future shortages, per reports. While some believe the worst of the semiconductor crisis has passed, the Biden administration has pushed for more American manufacturing of vital components such as chips for the automotive industry and other industries.As the US automotive sector begins to produce more electric vehicles, Raimondo stressed her belief that growing domestic chip production is crucial. By 2030, the Biden administration wants electric vehicles to account for 50% of all new car sales in the nation. Overall, Raimondo used the occasion to promote both the semiconductor bill and Biden's Build Back Better Act, which is currently awaiting Senate action.With Congress already preoccupied with a jam-packed legislative agenda, it is unclear whether the lower chamber will have time to pass the bill and send it to President Joe Biden for signature before the end of the calendar year. https://sputniknews.com/20211124/texas-to-host-samsungs-new-17bn-computer-chip-plant-tech-giants-biggest-us-investment-1090983222.html The production of everything from appliances to automobiles is being slowed by a global chip shortage not only in the US, but in the rest of the world as well. The Senate passed a bill with $52 billion for domestic semiconductor manufacturing in June, but the House has yet to act. US Commerce Secretary Gina Raimondo has encouraged the House to pass legislation supporting US semiconductor chip production as soon as possible to avoid future supply disruptions and reduce the country's reliance on Chinese parts, CNBC reported on Monday. Raimondo discussed the ongoing global chip shortage that has depleted car inventory levels and forced rolling shutdowns of US auto facilities as proof that the country needs to onshore its supply chains for vital components like semiconductor chips. "If we want to compete globally, we invest domestically, and specifically in revitalizing the semiconductor industry," Raimondo said in her speech at the Detroit Economic Club. She also pointed out that US chip assembly now accounts for only 12% of worldwide output, down from 40% in the 1990s. The bill in question, the United States Innovation and Competition Act, or USICA, has yet to be passed by the House of Representatives. The CHIPS Act, or Creating Helpful Incentives to Produce Semiconductors for America Act, which is hidden into the bigger competitiveness package, provides $52 billion for domestic semiconductor production and incentives to invest in new semiconductor manufacturing facilities in the US, as well as the establishment of a National Semiconductor Technology Center. Raimondo also stressed that the US can not wait any longer to take action because "the rest of the world isn’t waiting." "China, Taiwan - they are incentivizing the production of chips right now and have been for a long time. We need the House to pass the CHIPS Act immediately so we can get to the business of doing this," the secretary of commerce said. The global chip shortage has wreaked havoc on the car industry, but Detroit automakers have been hit harder than others, experts in the media noted. According to consultancy firm AlixPartners' September estimates, the global automobile sector is set to lose $210 billion in revenue this year due to scarcity. Automobile manufacturers such as Ford and General Motors have declared plans to work more closely with semiconductor suppliers, even forming partnerships, in order to avoid future shortages, per reports. While some believe the worst of the semiconductor crisis has passed, the Biden administration has pushed for more American manufacturing of vital components such as chips for the automotive industry and other industries.

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AlixPartners Patents

AlixPartners has filed 3 patents.

The 3 most popular patent topics include:

  • Data management
  • Knowledge representation
  • Binary trees
patents chart

Application Date

Grant Date

Title

Related Topics

Status

8/5/2019

5/4/2021

Trees (data structures), Binary trees, Knowledge representation, Data management, Graph algorithms

Grant

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8/5/2019

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Grant Date

5/4/2021

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Title

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Related Topics

Trees (data structures), Binary trees, Knowledge representation, Data management, Graph algorithms

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