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Global Governments Petition Taiwanese Chipmakers for Help Amidst Auto Supply Shortage
February 03, 2021 by Luke James
The Taiwanese government has asked TSMC and other chipmakers to step in and ease the global supply shortage after U.S., European, and Japanese automakers plead for help.
Taiwan’s Ministry of Economic Affairs has asked domestic chip manufacturers to step in and help “like-minded” economies recover from the ongoing global shortage of semiconductors, which is currently crippling the automotive sector.
Major automakers including Volkswagen, Ford, Nissan, Honda, and Fiat have all felt the global supply crunch, in some cases having to suspend operations and halt production in response. It wasn’t long before automakers and government ministers were asking Taiwan, which is home to some of the world’s most prominent chipmakers, to step in and persuade chipmakers to help ease the supply sho