The world’s largest chip order manufacturer TSMC expects to continue this year with very tight semiconductor capabilities. “Our suppliers are facing major challenges in their supply chain due to the ongoing impact of Covid-19, leading to shortages of manpower, components and chips,” said TSMC CEO CC Wei on Thursday. The Taiwanese group is working with its suppliers to address supply chain challenges.
TSMC expects high chip demand to persist in the long run. Wei spoke of a “mega trend” that is partly driven by the demand for so-called HPC chips (high performance computing) for 5G and artificial intelligence. Shortages of semiconductors have forced auto and electronics manufacturers to scale back production. Other technology companies had already indicated that they expect the chip shortage to continue.
For the current quarter, TSMC nevertheless expects a further sales increase to 37 percent to between 17.6 and 18.2 billion dollars (to 16.81 billion euros), after the Apple supplier’s sales were already full of order books in the first quarter. and rising prices rose by 36 percent. Net profit rose by 45 percent to 202.7 billion Taiwan dollars (about 6.4 billion euros).
Source: Krone
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