Taiwan economy minister speaks to TSMC about auto chip shortage

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Taiwan's Economics Minister Wang Mei-hua spoke on Sunday to senior executives at Taiwan Semiconductor Manufacturing Co Ltd (TSMC) about the global shortage of auto chips, the ministry said on Monday.

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FILE PHOTO: The logo of Taiwan Semiconductor Manufacturing Co is pictured at its headquarters, in Hsinchu, Taiwan, January 19, 2021. REUTERS/Ann Wang

TAIPEI - Taiwan’s Economics Minister Wang Mei-hua spoke on Sunday to senior executives at Taiwan Semiconductor Manufacturing Co Ltd about the global shortage of auto chips, the ministry said on Monday. The ministry said TSMC told them they will “optimise” the production process of chips to make it more efficient and prioritise auto chip production if is able to further increase capacity.Reporting by Jeanny Kao and Yimou Lee; Writing by Ben Blanchard

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