HomeNewsTSMC denied to provide customer data on US chip data request

TSMC denied to provide customer data on US chip data request

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Last Updated on 22/11/2021 by Sanskriti

In response to a U.S. chip data request, the world’s biggest contract chipmaker  Taiwan Semiconductor Manufacturing Co Ltd (TSMC), stated on Monday that it has not supplied comprehensive information on clients. The United States government has requested information in order to better comprehend the worldwide chip scarcity in which SK Hynix, Samsung, and, TSMC along with many other companies were also requested.

However, the US request has raised worries about trade secrets in the business. Two sources stated last week that the South Korean corporations — the world’s two largest memory chip producers — plan to leave out detailed details when giving data to Washington. TSMC, a key Apple supplier, said it has replied to a request from the United States to assist in resolving a semiconductor shortfall that has interrupted production for automakers and consumer electronics manufacturers.

“As usual, we are committed to protecting our customers’ confidentiality,” TSMC stated, adding that “no customer-specific information would be released in the response.”

It didn’t go into any further depth. In September, US Secretary of Commerce Gina Raimondo stated that the request for information was intended to improve supply chain transparency. If businesses do not respond, she said, “we have other tools in our toolbox that require them to give us data.”

Taiwan, a tech superpower, has stated that it is doing all possible to fix the chip shortage. TSMC has committed to spending $100 billion (approximately Rs. 7,40,379 crore) on-chip capacity expansion over the next three years.

Taiwan’s government stated it respects US commercial law, but that if domestic businesses get “unreasonable requests,” it will back them up.

Sanskriti
Sanskriti
Sanskriti loves technology in general and ensures to keep TheDigitalHacker audience aware of the latest trends, updates, and data breaches.
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