Japan asks Taiwan to beef up semiconductor output amid supply crunch

Japan has asked Taiwan to beef up production of semiconductors amid a serious global shortage that has affected businesses such as automakers, the economy minister said Tuesday. Strong demand for smartphones and 5G network equipment as well as robust recovery in auto sales from a slump due to the coronavirus pandemic has made chip supplies tight, forcing Honda Motor Co., Subaru Corp., Toyota Motor Corp. and Nissan Motor Co. to cut or halt output this year. Chips are increasingly used in cars, from sensors to emissions controls and video displays. Taiwan is home to semiconductor giant Taiwan Se…

Read More

HEDGE accordingly