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Taiwan Says Asking Chip Firms To Help Ease Auto Chip Shortage
TAIPEI, Jan 24 (Reuters) - Taiwan's Ministry of Economic Affairs stated on Sunday it has obtained requests by way of diplomatic channels to assist ease a shortage of chips for the auto sector and that it has asked native tech corporations to supply "full help". Automakers all over the world are shutting meeting traces due to a worldwide shortage of semiconductors that in some cases has been exacerbated by the previous Trump administration's actions towards key Chinese chip factories, in line with business officials. The shortage has affected Ford Motor Co, Subaru Corp , Toyota Motor Corp, Volkswagen, Nissan Motor Co Ltd, Fiat Chrysler Automobiles and different automotive makers. The federal government in Taiwan, dwelling to the world's largest contract chipmaker Taiwan Semiconductor Manufacturing Co Ltd (TSMC), stated it has been contacted by overseas governments about the issue. Ministry of Economic Affairs stated, after media reports that German Economy Minister Peter Altmaier had written to Taiwan's authorities about the problem. The ministry stated it had not but acquired the letter from Germany and couldn't comment on its contents. The ministry mentioned main international automakers are not direct prospects of Taiwanese semiconductor chip makers, but that different automotive chip makers place orders with Taiwan manufacturers and promote them to automobile makers. It mentioned it had begun talks with domestic chip suppliers in response to requests from other international locations and "asked the chip manufacturers to provide full assistance". TSMC, in a statement, mentioned the problem of chips shortages for auto firms was essential to them.

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