Taiwan says sees 'balance' in auto chip supplies by fourth quarter – Netscape Gadgets & Tech

08/21/2021 0:58 TAIPEI (Reuters) – Global supply and demand for auto chips should reach a “balance” by the fourth quarter of 2021, Taiwan’s government said on Saturday, reiterating its commitment to doing its part to tackle a shortage that has closed production lines around the world. Democratic U.S. senators from Michigan and Ohio this week asked the Taiwanese government to help address the shortage, given that the island is a major semiconductor producer and seen as central to efforts to resolve the problem. Responding to the letter, Taiwan’s Economy Ministry noted that the island’s chip producers were not the main…