News Snapshot:
TAIPEI: The United States thanked Taiwan on Friday for help on resolving an auto chip shortage that has snarled production, but there was no discussion on prioritising the making of these chips, Taiwan Economy Minister Wang Mei-hua said after a high-level meeting. Car factories around the world are shutting assembly lines because of the chip shortages, which in some cases have been exacerbated by the former Trump administration’s actions against Chinese chip companies. Taiwan, home to tech firms such as Taiwan Semiconductor Manufacturing Co Ltd (TSMC), the world’s largest contract chip maker, has become front and centre of efforts to...
