U.S. Commerce Dept. pressing Taiwan to supply more chips to U.S. automakers

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United Auto Workers Legislative Director Josh Nassar said in written testimony for a U.S. House hearing on Wednesday that the chips shortage has resulted in the layoffs of “tens of thousands of workers…. Clearly, we need to bolster domestic production of automotive-quality semiconductors.”

Last week, Ford Motor Co warned the chips shortage may slash second-quarter production by half, cost it about $2.5 billion and about 1.1 million units of lost production in 2021.

GM said on Friday it would extend production halts at several North American factories because of the shortage.

On April 12, Biden convened semiconductor and auto industry executives to discuss solutions to the chip crisis. He backs $50 billion to support U.S. chip manufacturing and research.

(Reporting by David Lawder and David Shepardson; Editing by Peter Cooney)

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