Taiwan's TSMC says working to overcome global chip shortage

Taiwan's TSMC says working to overcome global chip shortage
Taiwan's TSMC says working to overcome global chip shortage   -   Copyright  Thomson Reuters 2021   -  
By Reuters

<div> <p><span class="caps">TAIPEI</span> – Taiwan’s <span class="caps">TSMC</span> said on Friday 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.</p> <p>“<span class="caps">TSMC</span> has been a strong partner in this effort, taking unprecedented actions to address this challenge,” it said in a statement. </p> <p>“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 U.S. history – will enable us to support the industry in driving long-term stability in semiconductor supplies.”</p> <p/> </div>