📊Executive Summary

TSMC plans to increase its automotive microcontroller unit (MCU) production by 60% annually to address the ongoing global chip shortage, which is expected to impact the automotive sector until 2022. Despite TSMC's efforts, industry leaders like Infineon and NXP warn that demand for automotive components will keep supply tight, with significant financial losses projected for the auto industry. Major automakers, including Tesla and Ford, are already facing production cuts due to component shortages, highlighting the critical state of the supply chain. TSMC's ramp-up in MCU production aims to alleviate lead times, but the overall supply situation remains precarious as demand for electric vehicles (EVs) continues to rise....