According to the business’s general counsel, TSMC (2330. TW) would not release any confidential company information in response to a White House request for specifics on the ongoing semiconductor issue that has caused auto production cuts in the United States. Last month, the White House sent a plea to automakers, chip companies, and others.
Gina Raimondo, the Secretary of Commerce, said a voluntary request for information on the chips situation within 45 days would improve supply chain openness, and that if corporations did not respond, “we have other tools in our toolbox that require them to give us data.”
Companies including Taiwan Semiconductor Manufacturing Co Ltd (TSMC), the world’s largest contract chipmaker and a major Apple Inc (AAPL.O) supplier, have expressed concern about having to hand over sensitive data as a result of the issue.
TSMC and the Taiwanese government have frequently said that they are doing everything possible to alleviate the chip shortage. Fang stated that they were still evaluating the content of the questionnaire that the US had handed out for corporations to complete.
The federal government of the United States of America “They discovered that many businesses had queries, so they are putting together a FAQ that will be posted soon. We’re waiting for that as well, and we’ll see if the FAQ can address any questions “…
Taiwan’s government has stated that it respects US commercial law and norms, but that it will assist Taiwanese businesses if they receive any “irrational requests.”
