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    Home»Sections»Consumer electronics»TSMC says it’s working to overcome the global chip shortage

    TSMC says it’s working to overcome the global chip shortage

    Consumer electronics By Agency Staff24 September 2021
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    Taiwan’s TSMC said on Friday that it is actively supporting and working with all stakeholders to overcome a global semiconductor shortage, after its participation at a White House meeting on the issue.

    “TSMC has been a strong partner in this effort, taking unprecedented actions to address this challenge,” it said in a statement.

    “We are confident that our capacity expansion plan including the advanced 5nm semiconductor fab in Phoenix, Arizona — one of the largest foreign direct investments in US history — will enable us to support the industry in driving long-term stability in semiconductor supplies.”  — Reported by Ben Blanchard, (c) 2021 Reuters

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