TSMC will prioritize automotive chips (if possible)

Chip shortages have become a big problem for a lot of industries. The automotive industry sees a lack of enough chip supply as a potential issue for the sector's economic recovery as it can hamper car production. After a talk with the Taiwanese government, TSMC promised it will prioritize the production of auto chips but only "if it is able to further increase capacity."

TSMC had told the ministry it will “optimise” the production process of chips to make it more efficient and prioritise auto chip production if it is able to further increase capacity, the ministry said.

TSMC, the world’s largest contract chipmaker, stated that current production capacity is full, but had assured the ministry that “if production can be increased by optimising production capacity, it will cooperate with the government to regard automotive chips as a primary application”.

Last year, automotive chips accounted for about 3 percent of TSMC's revenue. A lot of these chips are fabbed on mature nodes.

Via: Reuters