Taiwan Says It Receives Letter From US About Auto Chips, Businesses Are Doing What They Should



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TAIPEI: Taiwan’s Economy Minister Wang Mei-hua said on Saturday that she had received a letter from the White House about the global shortage of auto chips and that Taiwanese semiconductor companies are “doing what they should” to address the problem.

The chip shortage has caused problems for automakers around the world, which in some cases have to cut production.

This week, US President Joe Biden’s top economic adviser Brian Deese thanked Wang for his efforts to address the shortage in coordination with the island’s manufacturers.

Wang told reporters that he had received the letter on Friday evening, adding that he had previously met with local chipmakers on the matter, referring to the meetings he has held in recent weeks.

“Looking ahead, manufacturers are doing what they should,” he said.

This is a problem that affects automakers around the world, including those in the United States, Japan and Europe, and Taiwan is a major supplier, Wang added.

“We are helping as much as we can,” he said.

The shortage has hit Volkswagen, Ford Motor Co, Subaru Corp, Toyota Motor Corp, Nissan Motor Co Ltd, Fiat Chrysler Automobiles and other automakers.

Chipmakers, including Taiwan Semiconductor Manufacturing Co Ltd (TSMC), the world’s largest contract chip maker, have pledged to prioritize production.

The issue has become diplomatic. In addition to the letter from the United States, the German economy minister also wrote to Wang asking for help.

(Reporting by Ben Blanchard; edited by Lincoln Feast.)

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