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Topic

Taiwan Semiconductor Manufacturing Co Ltd

TSMC suffers power outage at southern Taiwan plant

TSMC suffers power outage at southern Taiwan plant

Published 14 Apr, 2021 04:42pm
  • It cited Alice Cheng, an executive at the science park administration, as saying that most companies there have backup systems in the event of power failure.
  • The operations of TSMC, whose clients include Apple Inc and Qualcomm Inc, are being closely watched by its customers and investors due to a global shortage of chips for everything from cars to washing machines.
White House ramps up effort to tackle automotive chip shortage

White House ramps up effort to tackle automotive chip shortage

Published 18 Feb, 2021 11:50am
  • In a Jan. 19 letter to Deese first reported by Reuters, the United Auto Workers union and auto trade groups asked the Biden administration to consider "urging major silicon wafer foundries to ramp up production of automotive grade wafers."
TSMC to raise $9bn for expansion, open Japan subsidiary

TSMC to raise $9bn for expansion, open Japan subsidiary

Updated 09 Feb, 2021 11:32pm
  • Taiwan's tech firms have benefited from soaring demand for chips that go into laptops, tablets, smartphones and other products to support the work.
  • It also approved the provision of a guarantee to wholly-owned subsidiary TSMC Global for its issuance of US dollar-denominated senior unsecured corporate bonds not to exceed $4.5 billion.
After blockbuster Q4, Taiwan says economy may grow 4pc this year

After blockbuster Q4, Taiwan says economy may grow 4pc this year

Published 30 Jan, 2021 06:01pm
  • Taiwan's economy grew at its fastest pace in almost a decade in the fourth quarter after contracting earlier last year. For 2020, initial GDP growth was put at 2.98%, higher than China's 2.3% rise last year..
  • "I see how busy they are. I think there's an opportunity for it to exceed 4%," she said.
SMIC says board aware co-CEO Liang intends to resign

SMIC says board aware co-CEO Liang intends to resign

Published 16 Dec, 2020 09:31am
  • The US also added SMIC and other Chinese companies to a blacklist of alleged Chinese military companies this month, a move that will prevent US investors from buying the firms' securities from late next year.
Chipmaker TSMC to set up Arizona subsidiary with $3.5bn capital

Chipmaker TSMC to set up Arizona subsidiary with $3.5bn capital

Published 10 Nov, 2020 05:49pm
  • The investment is part of the plan that TSMC announced in May to build a $12 billion factory in Arizona.
  • TSMC manufactures the bulk of its chips in Taiwan and has older chip facilities in China and the US state of Washington.
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