A few days ago, the United States Secretary of State for Commerce, Gina Raimondo, asked several companies to provide sensitive data in order to better understand the semiconductor shortage. As explained Reuters, the Taiwanese manufacturer, Taiwan Semiconductor Manufacturing (TSMC), declined the request.
US calls for more transparency on semiconductor shortage
Are we on the cusp of a standoff between the United States and Taiwan? The question has arisen since the Taiwanese semiconductor giant (TSMC) refused to comply with the official White House request. The Secretary of State for Commerce, Gina Raimondo, has given the companies concerned a period of 45 days to transmit data on their supply chain, in order to “Better understand the semiconductor crisis” which is currently disrupting many industries.
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According to the latest estimates from AlixPartners, the semiconductor shortage could cost the auto industry $ 210 billion in 2021 and prevent 7.7 million vehicles from being produced in that year alone. An unprecedented crisis for the sector, which struggles to find solutions. The semiconductor crisis is having a very strong impact on the automotive industry. Car prices are soaring. The stocks are so ridiculous that some American dealers even have to rent cars to have something to display in the showrooms …
TSMC will not disclose customer data
Selon TSMC, The end does not justify the means. The White House’s request was particularly badly received. Indeed, Sylvia Fang, General Counsel of TSMC said this: ” Do not worry. We will certainly not divulge sensitive company information, let alone data that relates to our customers. The trust of our customers is one of the key elements of our success ”. Yet the United States seems determined to obtain this data. Gina Raimondo clarified this: “We could have other measures to force the companies concerned to provide us with the requested data”.
TSMC and the Taiwanese government have already explained do everything possible to solve the semiconductor shortage and ensure that they can supply their customers. Sylvia Fang specifies that: “If it’s to solve supply chain issues, we’ll see how we can best do to help them. We have already done a lot. We are doing our utmost to increase semiconductor production and even give priority to automotive chips where possible ”.
The Taiwanese government has taken a stand saying that he complied with US laws and trade rules, but that he would defend Taiwanese companies if they received “Irrational demands”.