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Taiwan Semiconductor Manufacturing Co Ltd

TSMC suffers power outage at southern Taiwan plant
Business & Finance

TSMC suffers power outage at southern Taiwan plant

  • 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.
Published 14 Apr, 2021 04:42pm
TSMC to raise $9bn for expansion, open Japan subsidiary
Business & Finance

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

  • 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.
Updated 09 Feb, 2021 11:32pm
After blockbuster Q4, Taiwan says economy may grow 4pc this year
World

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

  • 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.
Published 30 Jan, 2021 06:01pm