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TSMC and Taiwan chip peers weigh new price hikes for autos

Second increase in just a few months now on table amid shortage

The engine of Volkswagen e-Golf electric car: Government officials in Germany, the U.S. and Japan have asked Taiwanese authorities to help deal with the auto chip shortage.   © Reuters

TAIPEI -- Taiwan Semiconductor Manufacturing Co., the world's largest contract chipmaker, and Taiwanese peers are considering another round of price increases mainly on automotive chips, Nikkei learned Monday, as a global semiconductor shortage puts pricing power firmly on their side.

The hikes of up to 15% are being considered by Vanguard International Semiconductor, a TSMC subsidiary that makes auto chips, along with other Taiwanese players including No. 4 foundry United Microelectronics Corp.

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