In the midst of a global shortage of auto chips, Taiwan Semiconductor Manufacturing Co Ltd (TSMC) is 'streamlining' auto-related products through its wafer fabs and reallocating wafer power, the company said on Thursday. 

 


 

Automakers around the world are closing assembly lines due to shortages, which in some cases have been intensified by the actions of the former U.S. administration against Chinese chip factories.

On Wednesday, Taiwan's economic minister said major Taiwanese chipmakers were prepared to prioritize supplies for automakers after meeting senior company managers, including TSMC.

In a statement, TSMC said it was discussing the "challenges" of chip supply as its top priority, "The automotive supply chain is long and complex and we have worked with our automotive customers and identified their critical needs".

"TSMC is currently expediting these critical automotive products through our wafer fabs. While our capacity is fully utilised with demand from every sector, TSMC is reallocating our wafer capacity to support the worldwide automotive industry."

Auto chips accounted for just 3% of TSMC's revenue in 2020, 48% for sluggish smartphones, and 33% for high-performance chips. 

In the fourth quarter, TSMC auto chip sales jumped 27% from the previous quarter but still accounted for just 3% of total sales.

With German Economy Minister Peter Altmaier writing to his Taiwanese counterpart Wang Mei-hua to ask her for support in handling it, the problem has become a diplomatic one.

Volkswagen, Ford Motor Co, Subaru Corp, Toyota Motor Corp, Nissan Motor Co Ltd, Fiat Chrysler Automobiles, and other carmakers have been impacted by the shortage.


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Germany has asked Taiwan to convince Taiwanese manufacturers to help ease the shortage of semiconductor chips in the automotive industry, which is hindering its emerging economic recovery from the COVID-19 pandemic.

 


 

Automakers around the world are closing assembly lines due to an issue in the supply of semiconductors, which in some cases have been worsened by the behavior of the former Trump administration against key Chinese chip factories.

The shortages affected Volkswagen, Ford Motor, Subaru, Toyota Motor, Nissan Motor, Fiat Chrysler Automobiles, and other car manufacturers.

German Economy Minister Peter Altmaier asked his Taiwanese counterpart Wang Mei-hua to discuss the issue in negotiations with Taiwan Semiconductor Manufacturing Co (TSMC). TW, the largest contract chipmaker in the world and one of Germany's leading suppliers.

"I would be pleased if you could take on this matter and underline the importance of additional semiconductor capacities for the German automotive industry to TSMC," Altmaier wrote.
 

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