Auto factories around the world shut down assembly lines due to a chip shortage, which was exacerbated in some cases by previous US administration actions against Chinese chip factories.
Taiwan, home of technology companies such as Taiwan Semiconductor Manufacturing Co Ltd (TSMC), the world’s largest contract chip maker, has become at the forefront and focus of efforts to solve the shortage.
Wang told reporters at the meeting that the US side thanked us for helping us with this matter, including senior executives from companies including TSMC and Qualcomm Inc.
But she said the focus of the talks was not on car chips and the issue of prioritizing their production was not addressed.
Wang said NSMC also discussed its planned $ 12 billion new plant in Arizona, although she did not provide details.
TSMC did not immediately respond to a request for comment on the meeting. The car chip shortage affected Volkswagen AG, Ford Motor Company, Subaru Corp., Toyota Motor Corporation, Nissan Motor Co. Ltd., Fiat Chrysler and other automakers.
The closed meeting, joined by the Taiwanese minister and what she described as “senior American officials”, is the first high-level exchange announced between Taiwan and the Biden administration, which took office on January 20.
The actual US ambassador to Taiwan, Brent Christensen, attended and was seen getting in his car after the meeting ended.
Despite the absence of formal diplomatic relations, the United States is the most important international supporter and supplier to Taiwan, says China.