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Samsung and TSMC to participate in chip shortage summit

White House invites executives from Big Three and major chipmakers

Taiwan's TSMC says it has received an invitation. The world's largest contract chipmaker has repeatedly said it is working hard to address the global chip shortage. (Source photos by Reuters)
| North America

WASHINGTON (Reuters) -- Almost 20 major companies worried about a global semiconductor chip shortage that has roiled the automotive industry will send senior executives to a White House summit Monday, a senior official said on Friday.

Reuters reported earlier the summit is expected to include General Motors Chief Executive Mary Barra and Ford Motor Chief Executive Jim Farley.

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