Taiwan Semiconductor Manufacturing Co (TSMC) is pictured at its headquarters, in Hsinchu, Taiwan, on January 19. As the company grapples with a global chip shortage, the CEO said geopolitical tensions have led to stockpiling. Photo: Reuters
Taiwan Semiconductor Manufacturing Co (TSMC) is pictured at its headquarters, in Hsinchu, Taiwan, on January 19. As the company grapples with a global chip shortage, the CEO said geopolitical tensions have led to stockpiling. Photo: Reuters
Tech /  Big Tech

TSMC chief blames geopolitical tensions for chip shortage, plays down threat from Intel and rival fabs

  • TSMC reported a 25 per cent rise in first-quarter earnings amid a global chip shortage the company blamed on geopolitical tensions and stockpiling
  • The company played down the potential threat of rivals like Intel increasing capacity, saying TSMC is prepared

Che Pan
Che Pan in Beijing

Updated: 11:11am, 19 May, 2021

Why you can trust SCMP
Taiwan Semiconductor Manufacturing Co (TSMC) is pictured at its headquarters, in Hsinchu, Taiwan, on January 19. As the company grapples with a global chip shortage, the CEO said geopolitical tensions have led to stockpiling. Photo: Reuters
Taiwan Semiconductor Manufacturing Co (TSMC) is pictured at its headquarters, in Hsinchu, Taiwan, on January 19. As the company grapples with a global chip shortage, the CEO said geopolitical tensions have led to stockpiling. Photo: Reuters
READ FULL ARTICLE