White House sends letter to Taiwan about chip shortage

White House sends letter to Taiwan about chip shortage

White House sends letter to Taiwan about chip shortage

TAIPEI — Taiwan Financial system Minister Wang Mei-hua claimed on Saturday she had received a letter from the White Home on the world shortage of car chips and Taiwanese semiconductor corporations are “doing what they should” to handle the problem.

Restricted chip materials have brought on difficulties for auto makers globally, who in some instances are obtaining to curtail creation.

This week U.S. President Joe Biden’s major economic adviser, Brian Deese, thanked Wang for her initiatives to resolve the scarcity in coordination with the island’s producers.

Wang explained to reporters that she experienced been given the letter on Friday night, introducing she experienced earlier met with regional chip makers on the situation, referring to meetings she has held in recent weeks.

“Going forward, companies are accomplishing what they ought to,” she said.

This is a problem impacting auto makers close to the earth, which include in the United States, Japan and Europe, and Taiwan is an significant provider, Wang added.

“We are encouraging as considerably as we can,” she stated.

The shortage has influenced Volkswagen, Ford, Subaru, Toyota, Nissan, Stellantis (previously Fiat Chrysler Vehicles) and other car or truck makers.

Chip makers together with Taiwan Semiconductor Producing Co (TSMC), the world’s major deal chip maker, have pledged to prioritize production.

The problem has become a diplomatic a person. As well as the letter from the United States, Germany’s economy minister has also written to Wang asking for assist.

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