TSMC not hit by coronavirus outbreak

Posted on Tuesday, Feb 11 2020 @ 11:26 CET by Thomas De Maesschalck
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While many Asian component and device makers are hit hard by the coronavirus outbreak, TSMC seems to be holding up well. DigiTimes writes the foundry has no plans to revise its revenue guidance for the first quarter of this year. None of TSMC's major clients are reportedly cutting back orders and the foundry's capacity is still tight.
While even TSMC's China fabs have been able to maintain smooth operation, others in the IT sector have difficulties returning to normal production though work at their China plants has resumed. Foxconn and Pegatron, like many other Taiwan-based makers running manufacturing plants in China, are seeing limited numbers of employees returning to work. Failure to resume full production at Foxconn and Pegatron will affect iPhone shipments to Apple.

About the Author

Thomas De Maesschalck

Thomas has been messing with computer since early childhood and firmly believes the Internet is the best thing since sliced bread. Enjoys playing with new tech, is fascinated by science, and passionate about financial markets. When not behind a computer, he can be found with running shoes on or lifting heavy weights in the weight room.

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