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TSMC prioritizes automotive chip supply to ease shortage

focustaiwan.tw, May. 05, 2021 – 

Taipei, May 5 (CNA) Taiwan Semiconductor Manufacturing Co. (TSMC), the world's largest contract chipmaker, said Wednesday that the company has prioritized boosting automotive chip supply in a bid to ease the current global shortage.

TSMC said the top consideration for the company right now is to reallocate production capacity in a bid to increase automotive chip supply to support the global auto industry.

The comments were made after Reuters reported Wednesday that United States Commerce Secretary Gina Raimondo has pressed TSMC and other Taiwanese chipmakers to supply more chips to American automakers.

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