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.
Taiwan Semiconductor Manufacturing Co., 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.
The company is on track to increase output of microcontrollers used in cars by about 60% this year compared with last, Chief Executive C.C. Wei said in an earnings call on Thursday. However, he said, the broader semiconductor shortage could persist until 2022.
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