By Leslie Stimson, Inside Towers Washington Bureau ChiefTaiwan Semiconductor Manufacturing Co., which says it’s the world’s largest contract chipmaker, says the global chip shortage is likely to continue, with tight production capacity for all types of chips. TSMC (NYSE: TSM) expects manufacturers to stock up more than usual on chips and other components after recent events disrupted the global supply chain, Chief Executive C.C. Wei said Thursday during its Q1 2022 quarterly earnings call, according to The Wall Street Journal.
Russia’s invasion of Ukraine and the COVID-19 lockdown in Shanghai, a semiconductor production hub, are the latest factors pressuring the global supply chain. TSMC’s suppliers are struggling with labor, component and chip constraints due to the pandemic, the company said. That includes its chipmaking equipment suppliers, which have had trouble delivering tools to TSMC since the beginning of this year, Wei said. Continue Reading
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