The "skiving" term is also used for the equipment that produces the veneer layers use to form plywood. A log is placed in the lathe, as the log turns, the skiving knife is advanced into the log such that a continuous, constant thickness, veneer of wood is taken. These layers are then cross lapped and glued to make the familiar plywood structure.
My former employer used to (probably still does) make Teflon pipe tread tape using a skiving process. A round of Teflon stock is placed in the lathe and the skiving knife forms the thin Teflon tape - I guess the tape is actually a continuous "chip."
Terry S.