TAIPEI -- Taiwan Semiconductor Manufacturing Co., the world's biggest contract chipmaker, said it will increase its production of automotive chips by 60% this year after taking what it described as "unprecedented actions" to alleviate the semiconductor shortage that is squeezing the global car industry.
Semiconductors
TSMC to increase auto chip output by 60% in 2021
Taiwan chipmaker taking 'unprecedented' steps to alleviate global shortage
TSMC is ramping up production of auto-related chips amid a severe global shortage. © Reuters
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