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TSMC Expects Auto-Chip Shortage to Abate This Quarter

TSMC, the world’s largest contract chip maker, said it expects the chip shortage that has hampered car makers to start easing in the next few months after it ramped up its production of auto chips.

Global auto makers from the U.S. and Europe have put pressure on TSMC to give priority to their orders, forcing the chip maker to negotiate with other clients to free up manufacturing capacity for auto chips.

A dearth of semiconductors, used in products including home appliances and smartphones, has stymied manufacturing activity, notably in the auto industry. That shortfall should be greatly reduced for TSMC customers in the current quarter, Mr. Wei said.


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