government said that the global supply and demand for auto chips would reach a
balance by Q4 this year. The government reiterated its commitment to tackling
the semiconductor shortage that has affected and closed production lines.
US senators from Michigan and Ohio had written to the Taiwanese government
asking for help. The island is seen by many as a solution provider for this
global issue since it is a major semiconductor producer.
Economy Ministry replied to the letter by mentioning that their chip producers
were not the primary suppliers to the foreign integrated device manufacturers
that make auto chips. But, Wang Mei-Hua, the Economy Minister of Taiwan,
reassured that the relevant chip manufacturers were cooperating to resolve the
automotive chip issue.
The Taiwan automotive chip industry shared an
estimate that the supply and demand for auto chip production should reach a
balance in the fourth quarter of this year.
Source – The Express Tribune
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