TSMS helps Washington overcome auto chip shortage

On Friday, the United States thanked Taiwan for helping to resolve an auto chip shortage that impacted production. Both countries reportedly did not discuss prioritising production of making these chips, said Taiwan Economy Minister Wang Mei-hua after a high-level meeting.

Car factories across the globe have been significantly affected and have been forced to shutter assembly lines due to shortage of chips. Taiwan Semiconductor Manufacturing Co Ltd (TSMC), the world’s largest contract chip maker, has played a pivotal role in revolving the shortage.

“The U.S. side thanked us for our help on this,” said Wang while adding, the focus of the talks was not on auto chips and that the issue of prioritizing chip production did not crop up.

Last week, the U.S. State Department had said Deputy Assistant Secretary for Trade Policy and Negotiations Matt Murray would take part in these talks. Incidentally, Brent Christensen, the de facto U.S. ambassador to Taiwan, attend the meeting.

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