Taiwan Semiconductor Manufacturing Co Ltd (TSMC) () () expected to meet The “minimum requirement” of customer demand for autonomous chips by the end of June, the chairman told US CBS broadcaster.
Automakers around the world are shutting down assembly lines due to a shortage of chips for the industry, which in some cases has been hurt by past U.S. government actions against Chinese chipmakers.
Taiwan, home to a booming semiconductor industry, has been at the center of efforts to address the issue, and the chipmaker has pledged to increase its capabilities.
Speaking to CBS ’60-minute comments aired on Sunday, TSMC Chairman Mark Liu said they first heard of the shortage in December and the following month began trying to squeeze as much chips as possible.
“Today we think that in the next two months we will be able to meet the minimum requirements of our customers before the end of June,” he said.
Asked if he meant that the auto chip shortage would end in two months, he replied “no.”
“There is a lag, especially as the supply chain is long and complex, the supply takes about seven to eight months,” Liu added.
TSMC is the world’s largest contract chip manufacturer.
At the time the chip shortage began to emerge for the first time by automakers. But it has spread to other sectors such as consumer electronics.
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