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1-min read

Apple iPhone Chip Supplier TSMC Says Virus Will Delay Shipments

Taiwan Semiconductor Co. Ltd. said 80 percent of the fabrication tools affected by Friday’s virus had been recovered by Sunday. TSMC expects full recovery on Monday.

Associated Press

Updated:August 6, 2018, 10:23 AM IST
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Apple iPhone Chip Supplier TSMC Says Virus Will Delay Shipments
Apple Phones Still Sold in China Despite Ban (Representative Image: News18.com)
A company that makes semiconductors for Apple iPhones says it is recovering from a virus outbreak but expects the incident to delay shipments and raise costs. Taiwan Semiconductor Co. Ltd. said 80 percent of the fabrication tools affected by Friday’s virus had been recovered by Sunday. TSMC expects full recovery on Monday.

The company didn’t detail the impact on Apple or other customers. Apple Inc. did not immediately return a message seeking comment.

The semiconductor company blames the outbreak on a mistake during installation of software for a new tool, which was then connected to its computer network. It says confidential information was not compromised.

The company says the incident will cut third-quarter revenue by about 3 percent. But it’s confident it will get that back in the fourth quarter.
(Get detailed and live results of each and every seat in the Lok Sabha elections and state Assembly elections in Andhra Pradesh, Odisha, Arunachal Pradesh and Sikkim to know which candidate/party is leading or trailing and to know who has won and who has lost and by what margin. Our one-of-its-kind Election Analytics Centre lets you don a psephologist’s hat and turn into an election expert. Know interesting facts and trivia about the elections and see our informative graphics. Elections = News18)
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