Apple A-series chip producer Taiwan Semiconductor Manufacturing Company (TSMC) says production of the chips in its Chinese factories remains on-schedule despite the coronavirus outbreak in the country.
Many Taiwan-based IT firms are feeling the heat from the coronavirus outbreak that is delaying their production from returning normal following Lunar New Year. But TSMC and UMC have revealed that their fabs in China have been running as usual.
Despite the foundry houses’ reassuring revelations, many Taiwanese IC designers have turned cautious about their first-quarter 2020 performances, with some already lowering their sales guidance. For the displays industry, the virus-imposed lockdown of Wuhan may have serious consequences, as the Chinese city is home to several major LCD and OLED panel fabs of China-based makers.
Taiwan Semiconductor Manufacturing Company (TSMC) and United Microelectronics (UMC) have both said that production at their fabs in China stays on track and has not been affected by the coronavirus outbreak.
Some companies in the country are seeing a 5-10% hit to production. Many are delaying the resumption of production following the Chines New Year holiday in order to limit the spread of the deadly virus.