TSMC Provides US Authorities with Information Needed to Fight Chip Shortages

Today is the deadline for semiconductor market participants to submit information that will be used by US officials to identify supply chain bottlenecks. Participation in the survey was conditionally voluntary, but many suppliers have tried to hide information that is sensitive to their customers. TSMC was one of them, although it hesitated for a long time.



Taiwan-based TSMC controls more than half of the semiconductor contract manufacturing services market. Without her participation in a survey initiated by the US Department of Commerce, it would be difficult to determine the causes of the problems that have plagued the semiconductor industry in recent months. As noted by Reuters , TSMC has confirmed the fact of responding to the request of the US authorities. At the same time, no information was disclosed that would allow comparing the figures with a specific client.

The hesitation of South Korean memory manufacturers, which were reported at the end of last week, according to Bloomberg , ended in a positive decision to provide the necessary information to the US authorities. Representatives of the Korean Ministry of Finance said on Sunday that local companies had previously discussed with US officials the amount and content of the information they would provide. The South Korean authorities expressed the country's readiness to strengthen cooperation with the United States in the supply of semiconductor products, continuing to exchange information at the highest level.

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