Taiwan Semiconductor Manufacturing Co (TSMC, 台積電), the world’s top chipmaker, would not give the US Department of Commerce confidential customer information, majority stakeholder the National Development Fund (國發基金) said yesterday.
National Development Council (NDC) Minister Kung Ming-hsin (龔明鑫), who oversees the fund and is a TSMC board director, told legislators at the Legislative Yuan in Taipei that although the chipmaker could provide the industry more insight into chip shortages during its quarterly board meeting, it is bound by confidentiality agreements not to disclose sensitive details.
US Secretary of Commerce Gina Raimondo on Thursday last week said that her agency was asking chip suppliers to fill out questionnaires by Nov. 8 to help it alleviate chip supply bottlenecks and identify possible hoarding.
Photo: Reuters
Legislators were seeking to know if TSMC could be forced by the US to surrender confidential information, such as a customer list, chip inventory and production plans, which would compromise its technology and business.
Kung said he would seek to better understand the situation before forming an opinion on the nature of the US’ requests.
The council later released a statement saying that the requests are aimed at all companies in the semiconductor supply chain, not just TSMC, and that response is voluntary.
Companies can decide whether the questions encroach on confidential agreements, the council said, adding that TSMC has indicated it would not reveal any commercial secrets.
TSMC said the government has been supporting the company, adding that it would seek additional government help if needed.
As the world’s No. 1 pure foundry service provider, TSMC makes chips and builds capacity according to customers’ demands, meaning that it does not stack inventory.
To alleviate global chip shortages, TSMC said it has taken “unprecedented actions to address this challenge.”
The chipmaker has increased output of microcontroller units — key components in automotive semiconductor products — by 60 percent from last year, it said.
The company made the remarks after participating in a White House meeting last week aimed at tackling chip crunch.
“Increasing demand visibility in this complex supply chain should be the path to avoid such shortages from happening,” the company said.
The chipmaker also said it is confident that its capacity expansion plan including an advanced 5-nanometer semiconductor fab in Phoenix, Arizona, would enable it to support the industry in driving long-term stability in semiconductor supplies.
Meta Platforms Inc offered US$100 million bonuses to OpenAI employees in an unsuccessful bid to poach the ChatGPT maker’s talent and strengthen its own generative artificial intelligence (AI) teams, OpenAI CEO Sam Altman has said. Facebook’s parent company — a competitor of OpenAI — also offered “giant” annual salaries exceeding US$100 million to OpenAI staffers, Altman said in an interview on the Uncapped with Jack Altman podcast released on Tuesday. “It is crazy,” Sam Altman told his brother Jack in the interview. “I’m really happy that at least so far none of our best people have decided to take them
DIVIDED VIEWS: Although the Fed agreed on holding rates steady, some officials see no rate cuts for this year, while 10 policymakers foresee two or more cuts There are a lot of unknowns about the outlook for the economy and interest rates, but US Federal Reserve Chair Jerome Powell signaled at least one thing seems certain: Higher prices are coming. Fed policymakers voted unanimously to hold interest rates steady at a range of 4.25 percent to 4.50 percent for a fourth straight meeting on Wednesday, as they await clarity on whether tariffs would leave a one-time or more lasting mark on inflation. Powell said it is still unclear how much of the bill would fall on the shoulders of consumers, but he expects to learn more about tariffs
PLANS: MSI is also planning to upgrade its service center in the Netherlands Micro-Star International Co (MSI, 微星) yesterday said it plans to set up a server assembly line at its Poland service center this year at the earliest. The computer and peripherals manufacturer expects that the new server assembly line would shorten transportation times in shipments to European countries, a company spokesperson told the Taipei Times by telephone. MSI manufactures motherboards, graphics cards, notebook computers, servers, optical storage devices and communication devices. The company operates plants in Taiwan and China, and runs a global network of service centers. The company is also considering upgrading its service center in the Netherlands into a
Taiwan’s property market is entering a freeze, with mortgage activity across the nation’s six largest cities plummeting in the first quarter, H&B Realty Co (住商不動產) said yesterday, citing mounting pressure on housing demand amid tighter lending rules and regulatory curbs. Mortgage applications in Taipei, New Taipei City, Taoyuan, Taichung, Tainan and Kaohsiung totaled 28,078 from January to March, a sharp 36.3 percent decline from 44,082 in the same period last year, the nation’s largest real-estate brokerage by franchise said, citing data from the Joint Credit Information Center (JCIC, 聯徵中心). “The simultaneous decline across all six cities reflects just how drastically the market