U.S. says firms may meet chip data request amid Taiwan, South Korea concerns

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LONDON, Oct 22 (Reuters) – The U.S. Commerce Division stated on Thursday firms reminiscent of Intel and Infineon had signaled they might cooperate with a voluntary request for information on the chips disaster, however could make it obligatory relying on the quantity and high quality of responses.

The White Home made the request to automakers, chip firms and others final month saying that the data would enhance provide chain transparency and assist perceive the place bottlenecks exist. The deadline for corporations to reply is Nov. 8.

“Corporations together with Intel , GM , Infineon , and SK Hynix , have indicated that they plan to be very forthcoming with their information. We’re very appreciative of their efforts and encourage different firms to observe swimsuit,” a Commerce spokesperson informed Reuters.

“The (request for info) is voluntary however this info is essential to addressing considerations about transparency within the provide chain. Whether or not or not we have now to make use of obligatory measures will depend on what number of firms interact and the standard of the information shared.”

Intel, GM, Infineon and SK Hynix didn’t instantly reply to requests for remark.

The request has precipitated concern in Taiwan that firms reminiscent of Taiwan Semiconductor Manufacturing Co Ltd (TSMC) , the world’s largest contract chipmaker and a serious Apple Inc provider, must hand over delicate information. TSMC stated earlier this month that it will not leak any delicate firm info.

TSMC stated in an announcement to Reuters it’s getting ready and can reply to the U.S. request for info.

“TSMC has been actively supporting and dealing with all stakeholders to beat the worldwide semiconductor provide problem,” it stated.

“Wanting ahead, to extend the demand visibility on this complicated provide chain must be the trail to keep away from such shortages from occurring sooner or later. We’ve been a robust associate on this effort and can proceed taking actions to handle this problem.”

South Korea’s commerce ministry has additionally expressed concern over the request.

“The scope of the requested information is huge and various operational secrets and techniques are included, which is a giant concern in South Korea,” it stated in an Oct. 6 assertion.

Nevertheless, South Korean commerce minister Moon Sung-wook informed a parliament committee on Thursday that firms had been getting ready to evaluation and submit information that may be supplied with out violating contractual confidentiality provisions or home legal guidelines.

Automakers from Common Motors Co to Toyota Motor Corp to French carmaker Renault have slashed output and gross sales forecasts resulting from scarce chip provides, made worse by a COVID-19 resurgence in key Asian semiconductor manufacturing hubs.

Reporting by David Shepardson in Washington, Ben Blanchard in Taipei and Joyce Lee in Seoul; Writing by Brenda Goh in Shanghai; Modifying by Kim Coghill and David Evans


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