TSMC Chief Sees End to Chip Shortage That Hammered Auto Industry
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Taiwan Semiconductor Manufacturing Co. expects a further easing to a chip crunch that’s restricted production in the global automotive industry, including for giants like Toyota Motor Corp. and General Motors Co.
The shortage of crucial semiconductors for cars has persisted for over a year. In November, Ford Motor Co. Chief Executive Officer Jim Farley warned about supplies of legacy, or more mature, silicon. Vietnamese electric-vehicle maker VinFast said it was forced to delay rollouts of SUVs in Europe and Canada.