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


The Taiwan Semiconductor Manufacturing (TSMC) logo was printed on January 19, 2021 at its headquarters in New State, Taiwan. (AnnWang / Reuters)

After attending the White House Conference on the issue on Friday, TSMC in Taipei-Taiwan said it is actively supporting and cooperating with all stakeholders to overcome the global semiconductor shortage.

“TSMC is a strong partner in this effort and is taking unprecedented action to address this challenge,” he said in a statement.

“We are confident that our capacity expansion program, including an advanced 5nm semiconductor fab in Phoenix, Arizona, one of the largest foreign direct investments in US history, will support the industry driving long-term stability of semiconductor supplies.”