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U.S. to Press Taiwan, TSMC to Resolve Auto Chip Crunch

  • They’ll meet Taiwan government and industry officials Thursday
  • TSMC and Mediatek will join the bilateral meeting next week
TSMC Third-Quarter Sales Surge to Record Amid Jump in Orders
Photographer: Maurice Tsai/Bloomberg
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Biden administration officials have called an ad-hoc meeting next week with Taiwan government and industry officials, during which they’re expected to pressure Taiwan Semiconductor Manufacturing Co. and its peers to ramp up the supply of vital chips to American automakers.

The virtual conference scheduled for Thursday U.S. time would be the most high-profile meeting between newly appointed Biden administration officials and their counterparts from Taipei. Deputy Assistant Secretary of State Matt Murray and Acting Deputy Assistant Secretary of Commerce Richard Steffens are scheduled to confer with Taiwan Minister of Economic Affairs Wang Mei-hua, people familiar with the matter said. Executives from the island’s largest chipmakers including TSMC and MediaTek Inc. will also attend a discussion centered on resolving a global shortage of auto chips, they said.