Taiwan says chipmakers will prioritize auto chips amid global shortage

Taiwan says chipmakers will prioritize auto chips amid global shortage

Wang met executives from Taiwan Semiconductor Manufacturing Co, United Microelectronics Corp., Powerchip Semiconductor Manufacturing Corp. and Vanguard Worldwide Semiconductor Corp.

Vanguard declined remark forward of quarterly earnings subsequent week however famous the corporate’s chairman had stated this month he expects a 15 % enhance in demand for auto chips this yr.

The opposite three firms didn’t instantly reply to requests for remark.

TSMC has already said it should prioritize manufacturing for automakers if it is ready to additional enhance capability, Taiwan’s Economics Ministry stated on Monday.

The chip suppliers advised Wang that they had been at working at full capability. Enterprise is booming for Taiwan’s tech firms because the COVID-19 pandemic and the shift to distant work drive demand for laptops, tablets and smartphones.

She stated chipmakers had stated that they had warned automakers early final yr that they had been taking a dangerous method in the event that they reduce orders at time of sturdy development in demand for chips for electronics.

The scarcity has affected automakers together with Volkswagen Group, Ford, Subaru, Toyota, Nissan, and Stellantis.

“This seems to be long-term demand so it should take a while to unravel the issue,” Wang stated.

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