Taiwan, on Chip Information Request, Says Respects US Laws

Read MoreTAIPEI–Taiwan respects U.S. commercial law and rules but will help Taiwanese companies if they receive any “unreasonable requests”, the government said on Thursday after the United States pressed firms to provide information on the semiconductor crisis. The White House asked automakers, chip companies and others last week to provide information on the chip shortage that has forced cuts to U.S. auto production, and to take the lead in helping to solve it. Secretary of Commerce Gina Raimondo said a voluntary request for information within 45 days on the chips crisis would boost supply chain transparency and that if companies did not answer the voluntary request “then we have other tools in our tool box that require them to give us data”. Taiwan’s Economy Ministry, responding to the U.S. demand for information, said present practice was for companies to voluntarily provide information and that this was not only aimed at non-U.S. …