A global survey of semiconductor chip manufacturers and users shows that the shortage will continue, according to the U.S. Department of Commerce.<\/p>\n\n\n\n
The voluntary survey in the fall of 2021 of 150 companies in the supply chain confirmed: “there is a significant, persistent mismatch in supply and demand for chips, and respondents did not see the problem going away in the next six months.”<\/p>\n\n\n\n
Commerce Secretary Gina Raimondo had spoken to “all of the CEOs in the supply chain – including Samsung, TSMC, SK – and all of the CEOs have pledged to me that they will be submitting robust and complete data flows to us.”<\/p>\n\n\n\n
The U.S. has the power to compel foreign semiconductor firms that operate in the U.S. to respond to questions pertaining to the chip market.<\/p>\n\n\n\n
A number of Asian chip manufacturers and governments had expressed concern about the data request. Raimondo also stressed her department’s right to invoke its legal authority to obtain answers.<\/p>\n\n\n\n
In response to the survey, Taiwanese companies said they were working hard to manufacture chips and coordinate with “important international business partners” to expand the supply chain.<\/p>\n\n\n\n
TSMC, Asia’s largest contract chipmaker, declined to comment.<\/p>\n\n\n\n
The department said it had seen a number of unusually high prices for chips used by automakers and medical device manufacturers.<\/p>\n\n\n\n
Raimondo also said the survey did not show any hoarding.<\/p>\n\n\n