US says companies can meet demand for chip data in Taiwan, concerns South Korea

Texas News Today

Visitors are seen at the Intel booth at the China Digital Entertainment Expo and Conference, also known as China Joy, on July 30, 2021 in Shanghai, China. Reuters / Allied Songs

October 22, 2021

(Reuters) – The US Commerce Department will cooperate with companies such as Intel and Infineon on Thursday to voluntarily request data on the chip crisis, but the number and quality of final responses will compel it. You will need it.

The White House told automakers and chip companies last month that the information would help increase supply chain transparency and understand bottlenecks. The deadline for companies is November 8.

“Companies like Intel, GM, Infineon and SK Hynix have shown that they will release data very soon. We are very grateful for their efforts and other companies will follow suit. We encourage it,” a commerce spokesperson told Reuters.

“The (request for information) is voluntary, but this information is important to address supply chain transparency concerns. Whether or not mandatory action needs to be taken is shared with the number of companies involved. This data quality it depends on. “

Intel, GM, Infineon and SK Hynix did not immediately respond to requests for comment.

The demand raises concerns in Taiwan that companies such as Taiwan Semiconductor Manufacturing Co., Ltd. (TSMC), the world’s largest contract chip maker and major Apple Inc. supplier, should be handing over sensitive data. Earlier this month, TSMC said it would not disclose sensitive corporate information.

South Korea’s trade ministry has also expressed concern over this request.

“The extent of the requested data is enormous and contains many operational secrets, which is a major concern in South Korea,” it said in a statement on October 6.

However, South Korea’s Trade Minister Moon Sung-wook told the parliamentary commission on Thursday that the companies were preparing to review and submit the data without violating confidentiality of contract or domestic law.

Automakers from General Motors to Toyota and French automaker Renault have significantly raised production and sales forecasts due to chip supply shortages exacerbated by the resurgence of COVID-19 at major Asian semiconductor production centers. reduced.

(Reporting by David Shepardson in Washington, Ben Blanchard in Taipei, Joyce Lee in Seoul, Writing by Brenda Goh in Shanghai, Editing by Kim Coghill)

US says companies can meet demand for chip data in Taiwan, concerns South Korea

Source link US says companies may meet chip data demands in Taiwan, South Korea concerns

LEAVE A REPLY

Please enter your comment!
Please enter your name here