https://wccftech.com/tsmc-considering-15-auto-chip-price-hike-amidst-global-shortage-report/

With major automobile manufacturers all over the globe facing chip shortage, the Taiwan Semiconductor Manufacturing Corporation (TSMC) is looking to raise prices for the products. The report comes courtesy of The Nikkei Asian Review, with the publication's sources reporting that increases up to 15% are being considered by the foundry that has managed to establish itself as the heart of modern-day global semiconductor supplies.

At the heart of the current chip shortage is the post-pandemic economic environment which drove up the demand for consumer electronics, and owing to China's aggressive strategy in curbing down local infections, also increased the demand for automobiles in the country.