RNECF - TSMC reportedly signs multiple auto chip deals amid capacity expansion

Sundry Photography/iStock Editorial via Getty Images Taiwan Semiconductor Manufacturing Co. (TSM) is reportedly ramping up capacity and prioritizing automotive chips after signing multiple contracts through 2022. DigiTimes sources say TSMC is actively working with the auto supply chain to help alleviate the global chip shortage, which is expected to ease starting in the third quarter. United Microelectronics (UMC) and other Taiwan-based foundries are expected to follow TSMC's lead in prioritizing the fabless auto chip customers. TSMC CEO C.C. Wei recently said the company's auto chip output was up about 30% year-over-year during the first half of 2021. The company remains on track to finish the year with output 60% above 2020 levels. TSMC expects 28-nanometer to be the primary process technology for its auto chip manufacturing. The company plans to add 28nm lines at its factory site in Nanjing, which will have an additional 40,000 wafers installed by mid-2023. The

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TSMC reportedly signs multiple auto chip deals amid capacity expansion